RBS, which is effectively owned by the British government, still faces liability in private label security (PLS) matters tied to Greenwich Capital, a U.S. subsidiary that at one time was the largest nonprime issuer in the nation.

The agency MBS market did grow by a slight 0.1 percent during the first quarter, but all of the credit goes to Ginnie Mae.

Although the FHLB-Chicago will facilitate jumbo purchases with Redwood, any FHLB member across the nation can upstream product to the REIT.

He may know how to run a decent race, but does economics professor David Brat – the man who beat Rep. Eric Cantor in the GOP primary in Virginia – know the history of the mortgage meltdown?

The CFPB's Steve Antonakes revealed that the agency did not start training many of its examiners about the new rules until the first half of this year.

Three different sources confirmed that the two companies had been discussing combining, but it’s unclear exactly when the talks broke down.

But the CFPB's Richard Cordray said people are misinterpreting the formal Federal Register notice which unveiled the expansive scope of the database project.

Investors Unite is urging the FHFA not manage Fannie Mae and Freddie Mac as "non-profits."

However, two of the largest home-equity lenders – Bank of America and Chase – both reported modest increases in production during the first quarter, up 3.1 percent and 2.5 percent, respectively.

“Right now there’s a large discrepancy between what the buyer wants to pay and what the seller wants to sell at,” said Chuck Klein, managing partner in Mortgage Banking Solutions.