In their petition for a writ of certiorari, the shareholders said the Fifth Circuit afforded them no relief from their injuries and the “petitioners are thus not ‘prevailing parties’ in any meaningful sense.”

In recent years, mortgages funded by Quicken have been included in prime non-agency MBS issued by others, but this is the first deal backed solely by loans originated by Quicken and serviced by the firm.

The biggest growth in the agency mortgage market during the third quarter of 2019 came from increases in refinance lending…

Ginnie Mae MBS issuance totaled $50.4 billion in August, the best monthly reading of the year…

Former Freddie CEO Don Layton took issue with the plan’s basic premise that if the footprint of the GSEs shrinks, private capital will move in to take up the slack...

New Residential will assume some of Ditech’s office space and roughly 1,100 workers will be offered employment at the REIT.

Mortgages eligible for sale to the GSEs accounted for about 25% of the dollar volume of loans in prime non-agency MBS from Redwood earlier this year while the new deal includes a 10% share of GSE-eligible loans.

Fannie Mae and Freddie Mac a political issue in the 2020 election? Not by a long shot...

First Republic, JPMorgan Chase and CitiMortgage led the IO pack during the second quarter. Interest-only originations tend to be concentrated in the jumbo space...

Over the past 60 days, some “big name sellers” having been testing the waters of the MSR market, said one advisor…