Bank of America entered into a massive buyback settlement with Fannie Mae in January, but has yet to sell any 'purchase' loans to the GSE in 2013. However, this may change soon.

It appears that Home Loan Servicing Solutions, a buyer of residential servicing rights, is making money hand-over-fist.

The Federal Housing Administration recently auctioned off $2.2 billion of nonperforming mortgages, getting about 45 cents on the dollar.

Although all of Bank of America earned $2.6 billion in the first quarter, its mortgage business lost money thanks to legacy problems. Also, it appears the bank is addicted to refis.

The final HUD regulation marks the first time the agency has made changes to the LI program, which enables high-performing lenders to insure forward mortgages without a pre-endorsement review.

CEO candidates are being approached by the Federal Housing Finance Agency to run the new single-GSE MBS platform.

Democrats in Congress have raised concerns about how five banks have responded to new servicing standards included in the $25 billion national servicing settlement.

Nonbank mortgages lenders will not get a pass on CFPB scrutiny, a top regulator told a gathering of the American Bankers Association.

The CFPB is a tough cop on the beat, no doubt. But is the agency and its rules causing certain banks in Oklahoma to exit the residential lending sector?

The industry is happy that the Home Affordable Refinancing Program has been extended, but it also means that 'HARP 3.0' might not come anytime soon.