The seller of the portfolio will provide full representations and warranties.

Ditech directors – George Awad and Neal Goldman – had pay packages of $573,700 and $553,500, respectively.

The MI executive said there are a number of misconceptions about the program…

One former Fannie Mae executive was critical of the effort, calling it “mission and charter creep.”

But before anyone gets too excited, the Federal Housing Finance Agency approved the Freddie initiative…

One consultant said he’s conducted 14 warehouse reviews on lenders this year with 11 of them turning a profit and three losing money.

The average credit score for FHA loans in Ginnie MBS issued during the first quarter was 671.1, the lowest level since the agency began reporting loan-level data…

Also, there’s a growing fear that in the absence of Congressional action, a free-market leaning Treasury Department, in tandem with a Trump-appointed FHFA director, might alter the way GSEs operate...

Earlier in the month, Rep. Jeb Hensarling, R-TX, said he is open to “other pathways…”

It appears the mortgage real estate investment trust sector – a somewhat stable universe the past few years – might be ready for a major rollup, courtesy of margin compression and tighter margins.