Mr. Cooper will pay a total of $91.3 million to settle allegations by 51 state attorneys general and the Consumer Financial Protection Bureau over servicing violations since 2014.

Nearly 30% of borrowers with loans in the deal have received forbearance or a deferral. The servicer, Citadel, will not make advances on delinquent payments.

Flagstar, a top-20 player in mortgages, recently posted a handsome $222 million profit for the third quarter.

Marzol described the capital rule, which was finalized in November, as “a key milestone on the path to responsibly ending the conservatorships.”

A few weeks back, Caliber CEO Sanjiv Das was part of an online panel on affordable housing. The other panelists: former President Bill Clinton and Atlanta Mayor Keisha Lance Bottoms...

Among the top five agency MBS issuers for the 30-day period, just one was a depository: Wells Fargo at number three.

MBA's Marina Walsh: “Soaring production revenues – led by strong secondary marketing gains – drove these results and more than offset an increase in production expenses.” 

Quicken Loans is the top contributor to the new Morgan MBS, accounting for 36.3% of the collateral.

UWM reported a 69.2% jump in refi volume, while PennyMac, Freedom Mortgage, loanDepot, Mr. Cooper Group and NewRez all increased their market share as well.

Guild's GOS: 562 basis points for the third quarter compared to 502 for the first half...