The company has been trying to restructure its operations under CEO Anthony Renzi, who joined the firm last year.

Cowen & Co. analyst Jaret Seiberg believes the Senate Banking Committee remains on track to unveil GSE reform legislation late in the fourth quarter...

Ocwen originated $699.6 million in the second quarter, with a near doubling of retail originations unable to fully offset the wind-down in correspondent production…

The maneuver was uncommon and prompted speculation that other trustees might take similar actions.

Watt noted that, “Some lenders are finally showing more willingness to extend credit to borrowers who meet the broader credit criteria reflected in the enterprises’ credit boxes…”

Bank of America reported $230.0 million in combined second-quarter mortgage-banking income, a hefty 88.5 percent increase from the previous period.

“Some lenders are finally showing more willingness to extend credit to borrowers..." said FHFA Director Mel Watt.

Freddie Mac CEO Don Layton: "The fundamentals are strong and residual flaws are gone..."

The noted research firm found that mortgage customers feel as if their servicers are more focused on profit than giving top-notch customer support...

The biggest surge was in non-agency securitization of mortgages on hotels and other lodging properties, which jumped 88.7 percent from the first quarter.