The seller was not identified by Phoenix, but in the offering circular the firm is identified as “an independent mortgage banker established in 1990.”

If Fannie and/or Freddie have a negative net worth, investors wouldn’t buy their MBS and if investors don’t buy their MBS we would have financial Armageddon…

Quicken Loans was the second largest refi lender in 2014 with $47.91 billion, according to exclusive figures compiled by Inside Mortgage Finance.

JPM's latest jumbo MBS has strong underwriting characteristics, including an average combined loan-to-value ratio of 66.5 percent...

At Impac, Mangiaracina will split his time between the nonbank’s headquarters in Irvine, CA, and New York where the company has just opened a new satellite office.

In a new regulatory filing Bill Erbey's Salt Pond is described as a provider of merchant banking services.

HARP volume fell a stunning 75.9 percent in 2014. So is it time to stick a fork in the program and call it a day?

In less than 10 months, a volume-heavy private-label origination deal that PHH Mortgage has with Wall Street giant Merrill Lynch is set to expire, potentially blowing a hole in its production machine. According to a recent filing with the Securities and Exchange Commission, PHH acknowledges that “there can be no assurances that the agreement will be renewed on favorable terms, if at all.” If the deal were to be cancelled, PHH could see...

The most aggressive bidders for high-performing mortgage loan officers are nonbanks, which have been steadily stealing market share away from the megabanks...

The nation’s top consumer regulator told lawmakers the bureau has already provided an extended implementation period of 21 months...