Redwood Trust plans to issue expanded-prime MBS on a regular basis…

Correspondents generated 38.8 percent of the market and posted the highest purchase-mortgage concentration, 77.8 percent.

Industry consultant Paul Hindman believes more executive changes are likely in the months ahead…

According to Wallison: “There is nothing about the way the government has managed the housing finance system for the last 50 years that would remotely recommend a continuing government role.”

Tuesday’s panel discussion has been dubbed the “think tank” hearing because it includes representatives from the Urban Institute, the Milken Institute and American Enterprise Institute…

The Office of Special Counsel found no evidence that the CFPB's Richard Cordray violated the Hatch Act.

Interestingly, Nationstar, Ocwen and Walter each have embarked on a course of selling their owned mortgage-servicing rights while staying on as a subservicer…

PennyMac estimates by entering the broker space it will gain access to additional 10 percent of the $1.7 trillion loan market.

PennyMac (the REIT) said third quarter results were also affected by the reduced earnings contribution from "our credit risk transfer investments..."

But while Fannie production slumped 11.5 percent, Freddie saw a robust 23.9 percent jump in new issuance in October…