Will a Democratic victory be the death knell for GSE reform?

Ocwen is losing a big subservicing contract with REIT New Residential but isn't worried about the development because the contract was unprofitable in the fourth quarter...

A JPMorgan Chase official noted that Fannie Mae and Freddie Mac can complete credit risk transfer deals and nonbanks have options as well, but banks? Not so much...

Johnson joined the bureau in December 2017 as one of the top political appointees under then-acting CFPB Director Mick Mulvaney. 

Net income at Mr. Cooper was aided in a major way by a $285 million recovery tied to deferred tax assets. Meanwhile, on the origination front, the company funded $12.6 billion in product during 4Q19, up 5.8% from 3Q19.

Non-agency jumbos accounted for 17.4% of originations in 2019, up slightly from a 17.2% share the year prior...

REITs covet entry into the system because FHLB members are allowed to borrow via low cost advances...

Some players in the market hoped that once the QM patch expired a significant amount of originations would shift from the GSEs to the non-agency market. But those hopes are fading...

It was standing room only on Sunday at a panel discussion on the basics of securitizing mortgage servicing rights.

For the full year, production soared by 42.7% to $216.8 billion, also a record. The driver: Strong refinance volume driven by low interest rates.