Applications are heading northward again...

Another nonprime MBS deal is ready to hit the market, this one from Invictus Capital Partners...

Outstanding MBS servicing at Fannie actually declined slightly in the second quarter…

Currently, lenders are permitted, under certain limited circumstances, to use revised estimates…

Wells Fargo saw an 18.6 percent drop in its GSE business during the April-June cycle, but the three other megabanks had much bigger declines…

All of the mortgages Clayton reviewed for the MBS are safe harbor qualified mortgages.

Compared to the same period a year ago, servicing balances have fallen by 19.5 percent.

In late May, Walter disclosed in an SEC filing that some of its previously issued financial statements could not be relied upon because of what it called an “accounting error.”

It’s unclear whether the CFPB will appeal the decision. Bureau officials declined to comment.

Walter Investment filed a WARN notice with the Texas Workforce Commission, saying it will close its Irving, TX, office and cut 437 workers...