According to figures compiled by Inside Mortgage Finance, Freedom grew second quarter originations by almost 49 percent, the best sequential gain for any top 10 ranked lender.

The CSP, formally known as Common Securitization Solutions LLC, does not have a chief executive office or chairman.

When consumers were directed to Amerisave’s website, the lender gave quotes based on an 800 FICO score, even where consumers had previously entered a FICO score below 800, the agency said.

“The government presumably feels emboldened from the decisions that it’s been getting, and we anticipate that those will continue in the near future,” one mortgage buyback expert said.

As IMFnews went to press, no other details were available on the transaction, including the identity of the seller or whether the product is “newly originated” or “legacy” in nature.

Fannie-backed MBS, in general, trade better than Freddie participation certificates (PCs), which has resulted in guaranty fee pricing differentials between the two.

FBR lowered earnings projections for Walter Investment, citing “increased regulatory uncertainty."

The IG also found that a Fannie Mae remediation plan does not hold servicers fully accountable for the resulting losses.

But almost 48 percent of senior loan officers said approval rates for prime jumbo borrowers were lower...

A top producing office in Arizona for one mid-sized lender is making it widely known that it would like to move the entire staff to another firm...