In a new filing with the SEC, Mr. Cooper disclosed that after accounting for a modest increase in the value of its mortgage servicing rights, the new GSE LLPA will reduce the value of the loans in its pipeline by approximately $20 million...

In the PIMCO deal, the loans have seasoned for an average of 14 months and 21.7% of borrowers are on forbearance/deferral plans.

The best the industry can hope for is a delay in the Sept. 1 implementation date, some believe...

Most of the gain was in agency mortgage securities, which rose $82.6 billion to $2.148 trillion...

Higher rates because of the new GSE refi LLPA? That's not how Freddie CEO David Brickman sees it...

Production of deals backed by commercial real estate loans fell 27.9% in the second quarter...

The concept of a state-level CFPB was revived through a budget trailer bill on Aug. 4.

In a nutshell, retail lenders gorged on refis: Roughly 62.8% of refi loans securitized by Fannie Mae, Freddie Mac and Ginnie Mae during the second quarter came through the channel...

The senators said they find it distressing that such a large fee would be introduced “with no consultation with Congress and no notice to external stakeholders.”

A basic question: Will Treasury step in to change the trajectory of the new GSE refi fee? (The mainstream media has finally discovered the story.)