Historically, many banks have deducted expenses associated with REO, but all that may soon change thanks to a new IRS ruling.

Fannie Mae and Freddie Mac and spending a ton of money each year on outside contractors, including technology firms, attorneys and accountants.

Citibank continues to finance PennyMac and its affiliates. The bank recently increased a repo line it had with the publicly traded REIT.

Nine Attorneys General, unhappy with the pace of loan modifications, are calling for the immediate dismissal of acting FHFA director Edward DeMarco.

Fannie Mae could be in line to book $60 billion in assets, money that could be counted as net worth and change its immediate financial outlook.

Several members that recently bolted from the American Securitization Forum are forming a new trade group.

On Tuesday the Senate Banking Committee will hold a vote on the nomination of Richard Cordray to head the CFPB. Does this mean the GOP is warming up to him or is something else afoot?

Improving loan quality is sparking a major shake-out in the due diligence sector. Can jumbo production and MBS save the day? Meanwhile, the supply of MBS expanded slightly in the fourth quarter.

Not only was the jumbo market on a roll last year but the GSEs were major players, according to new figures compiled by Inside Mortgage Finance.

Among other things, the bill removes from the calculation of fees and points Fannie Mae and Freddie Mac loan level price adjustments.