When all is said and done, the buyer could wind up with $2.12 billion worth of government product.

In the broker segment, new hiring for the month improved by 3,200 heads to 124,800. Both the banker and broker readings represent 10-year highs and then some.

The deal marks the first warehouse financing securitization to include non-QMs as eligible collateral.

Earlier in the week, CoreLogic estimated a loss of between $27 billion and $40 billion because of damage to property, including insured and uninsured residences and commercial structures...

Most of the gain came from three top institutions and in one specific category: ABS backed by consumer loans...

The FTC has some questions for SFR giant Invitation Homes. Details? None...

At press time, Ocwen's common was trading at $28.06 compared to a 52-week low of $17.29 and a high of $35.08.

In its comment letter, FHLB San Francisco essentially said: None of your business.

Just how hot is the IPL market? Two well-regarded Wall Street firms — Credit Suisse and Goldman Sachs — brought out their first deals of the year...

PennyMac Financial Services, the nation’s second largest Ginnie servicer overall, listed buyouts of $11.6 billion for the six-month period ending June 30...