As might be expected, the GOP is once again pushing to kill Fannie Mae and Freddie Mac...

Stan Kurland on PennyMac's move into wholesale/broker lending: “We are currently developing the necessary systems and infrastructure..."

Two Harbors issued $2.00 billion of jumbo MBS 2015, adding that pricing improved for its deals throughout the year.

As one M&A advisor noted: "Value is in the eye of the beholder."

“When is enough, enough? Paying for past sins, sometimes before they were sins. I’m not speaking specifically about Wells Fargo, but in general.” – Marc Savitt, NAIHP president.

Housing reform legislation that would ease FHA restrictions on condominium financing and allow delegation of loan approval authority to qualified lenders under the U.S. Department of Agriculture’s rural housing programs this week passed the House by a vote of 427-0. Described as an FHA reform bill, H.R. 3700, the “Housing Opportunity Through Modernization Act,” would make several incremental changes across a number of federal housing programs. It would modify...

Impac is working to increase originations of non-QMs as part of an effort to mitigate against reduced refinance volumes.

No wonder Wall Street firms are trimming their fixed-income desks. MBS daily trading continues to struggle…

Will the last megabank left in the mortgage industry please turn out the lights...

The extended deadline also provides mortgage companies an opportunity to pursue loss mitigation before initiating foreclosure against a customer.