Once the GSEs turned it around and showed a whiff of profit the speculators pounced and bought the shares on the cheap...

Higher FHA delinquencies may have been caused by administrative mistakes…

Caliber Home Loans climbed into second place in the wholesale-broker market thanks to a huge 63.7 percent gain in annual funding volume.

The Angel Oak family of mortgage lenders finished 2016 with roughly $700 million of nonprime/non-QM originations, according to officials at the company.

Officials at Ocwen warned of more financial turbulence throughout the year...

Warehouse providers ended 2016 with roughly $62.0 billion of commitments on their books, a 21.6 percent improvement from the same period a year earlier, according to new survey figures compiled by Inside Mortgage Finance. For the most part, warehouse finance continued to be a healthy business for the megabanks and regional banks that play in the sector – especially with nonbank originators stealing market share away from many of the institutions they’re receiving lines of credit from. Few warehouse managers interviewed by this publication cited...[Includes one data table]

At last check, Fairholme valued its stake in Fannie/Freddie at roughly $115.7 million.

The disclosure comes on the heels of a recent legal settlement in California that paves the way for Ocwen to buy servicing rights once again...

Nationstar said it expects to board $144 billion of additional contracts in 2017, $111 billion of which is subservicing for New Residential Investment Corp.

Consequently, top-tier banks that offered FHA-insured mortgages have opted to either restrict their government business or exit the program altogether…