PennyMac is also a large subservicer with $52.0 billion worth of contracts on its books.

FHFA officials said the directive is not being made available to the public.

Overall, Fannie Mae’s bottom line was bolstered by a strong quarter for originations: $510 billion in the second quarter compared to $380 billion in the first, according to Inside Mortgage Finance.

Looks like JPMorgan Chase is getting ready to issue yet another jumbo MBS...

Under the agency’s current rules, residential servicers must tell a mortgagor about their foreclosure prevention options just once over the life of a loan.

The three agencies securitized $43.09 billion of purchase mortgages last month, a 15.3 percent increase from June.

Banks, thrifts and credit unions still accounted for 66.0 percent of the $7.206 trillion in single-family mortgages serviced by the top 50 companies, Inside Mortgage Finance found.

Caliber has loosened requirements for its nonprime production, making changes to guidelines every six weeks or so…

The principles released Tuesday are separate from and independent of the finalized amendments to the CFPB’s 2013 mortgage servicing rules, which are expected in several weeks.

The company has been diversifying heavily into subservicing contracts and over the past year has struck outsourcing deals with USAA and Seneca Mortgage Servicing.