According to one media report, two men were shot execution-style inside a mortgage business on Staten Island Tuesday night...

With interest rates on mortgages expected to go up this year, some lenders are putting an emphasis on loan originators who can close purchase mortgages. Economists at the Mortgage Bankers Association predict that the average interest rate on a 30-year fixed rate mortgage will climb from 3.70 percent last year to 4.50 percent in 2017. The higher rates will help prompt a 47.7 percent decline in refi volume in 2017 compared with the estimated $901.0 billion in refi originations last year, according to the MBA. Dave Stevens, president and CEO of the MBA, said...

The states argue that the current ruling in the PHH case, if permitted to stand, will undermine the power of the Attorneys General to effectively protect consumers…

Thus far, only a $225.75 million nonprime MBS issued by an affiliate of Lone Star Funds in December has received AAA ratings.

Keefe, Bruyette & Woods has an “underperform” rating on Walter’s stock…

Some $157.6 million of interest-only loans were included in prime non-agency MBS issued in the fourth quarter, the highest IO volume since the third quarter of 2015.

Through the first nine months of 2016 – which represents the latest available data – Invitation Homes posted a net loss of $51.6 million, compared to a $121.7 million loss in the same period a year earlier.

In a poll conducted by Inside Mortgage Finance, just 14 percent of respondents said they were against a cut in FHA premiums.

So far, the industry average on MSR markups for 4Q has been roughly 29 percent, according to a recent tally from Compass Point...

On the servicing front, BOK Financial revealed that 4Q16 income was reduced because it left servicing-related hedges on the books for too long...