According to the newspaper, Watt – a former Democratic Congressman from North Carolina – is under investigation for alleged sexual harassment of an employee.

An estimated $445.0 billion of first-lien home loans were originated during the second quarter, an 18.7 percent sequential gain…

The revised definition excludes from points-and-fees any compensation included in the interest rate…

As the merger with PHH moves closer, Ocwen continues to bleed red ink...

In early July, the REIT closed on its previously announced $190 million purchase of Shellpoint Partners, an acquisition that includes mortgage banking firm New Penn Financial.

IMA is working on two flow deals that could net the buyer upwards of $100 million a month in new product...

Should Fannie/Freddie profits be put in a government lockbox?

Among those weighing in on GSE capital: Michael Stegman, senior fellow at the Milken Institute, and former FHFA Acting Director Ed DeMarco...

Chris Boyle, chief client officer at Freddie Mac: “I don’t know how half of you make money.”

“Customers are more promptly and efficiently served when they contact their financial institution directly with a concern,” said the American Bankers Association…