Has the Federal Housing Finance Agency finally caved on the issue of principal reductions for GSE loans? Not really, but...

Standard & Poor’s said it is working with the Securities and Exchange Commission to address issues raised by the enforcement staff in connection with botched ratings of several commercial MBS transactions in 2011. A spokesperson for S&P said the rating agency and its parent company, McGraw Hill Financial Inc., are cooperating with the SEC after receipt of a “Wells Notice” last week indicating both companies may soon be the target of a regulatory enforcement action. The SEC notice is...

Next week, Nationstar Mortgage reports its second quarter results. If the company misses the targets set by investment bankers, it could be a blood bath…

First Republic Bank and JPMorgan Chase were the top two contributors to the scant four jumbo MBS deals that hit the market during the second quarter.

Among the nation’s top five servicers, all suffered a decline in their MSR portfolios. Among the top 30, 20 firms saw a reduction in housing receivables.

The changes sought by the MBA would also allow mortgage loan officers at banks to more easily transition to working for nonbanks.

The unspoken factor affecting Ocwen's immediate future is Benjamin Lawsky and the New York Department of Financial Services.

The Countrywide purchase, completed in the summer of 2008, has cost BofA close to $60 billion in operating losses and legal settlements, depending on how the numbers are counted.

Ocwen watchers have wondered when – or if – New York state will ever bring any formal charges against the company.

One joke making the rounds in Washington this week: Congress is going on its August vacation. How will we know the difference?