PHH officials say the company has improved its servicing operations in recent years and agreed to the consent order “to avoid the distraction and expense of litigation.”

Another candidate for the HUD job is believed to be Pam Patenaude, president of the J. Ronald Terwilliger Foundation for Housing America’s Families.

What might Donald Trump do with the quarterly earnings of Fannie and Freddie? Think about it…

Compass Point has concerns whether Walter's servicing business (Ditech) can return to profitability…

Walter also agreed to sell $5 billion in servicing rights to New Residential Mortgage LLC.

Don’t expect any rapid changes to the charters of Fannie Mae and Freddie Mac. After all, GSE reform is hard. At least that’s the message of some market watchers.

In a Trump administration it's possible Fannie Mae and Freddie Mac would would face more competition and have less of an economic edge over non-GSE rivals, said Cowen & Co.

One item they’re asking for is confirmation that servicers may send bankruptcy statements before the regulation’s effective date...

The attorney for the lenders faced scrutiny from some of the liberal-leaning justices on the Supreme Court, including Justices Ruth Bader Ginsberg, Elena Kagan and Sonia Sotomayor

Thanks to Trump, speculators who bought GSE shares on Tuesday are cleaning up today...