The new disclosures have forced PHH to withdraw previous earnings guidance where it estimated a slight profit or breakeven for 2016.

Wells Fargo spokesman Tom Goyda called FHA lending an “important tool” for the bank.

The gains in retail and broker share came at the expense of the correspondent channel, where total GSE sales fell 7.4 percent from the fourth quarter…

In their recent exchange of letters, Sen. Corker articulated a handful of serious concerns with the TRID rule, while Cordray reiterated the ways the bureau has tried to help the industry…

MBA chief David Stevens told Inside The GSEs that given the recent growth in the nonbank servicing sector, it’s appropriate for regulatory authorities to ensure these institutions are effectively supervised.

But there was some good news: the percentage of single-family mortgages made to first-time home buyers continues to climb…

The new guidance allows a 50 percent reduction in the percentage used to calculate monthly student-loan payments...

The New Jersey-based Freedom is no ordinary FHA lender. According to Inside FHA/VA Lending it ranked third nationwide in FHA production last year with $4.52 billion.

The nation’s largest MBS-investing real estate investment trust, Annaly Capital Management, this week agreed to buy the third largest player in the market, setting off speculation among analysts and investors that the “mREIT” sector could be in for a healthy dose of consolidation. The New York-based Annaly said it would buy Hatteras Financial Corp., Winston-Salem, NC, for roughly $1.5 billion in cash and stock. At year end, Annaly ranked...

So, in other words, a consumer who’s having trouble making his/her mortgage payment soon will have to give Uncle Sam more money in taxes...