Ocwen said its ability to utilize the NOLs to offset future taxable income may be significantly limited if the company experiences an ownership change.

Matt Nichols, CEO of Deephaven Mortgage, said the share of LOs that actually offer non-QMs is in the single digits.

The unit will continue to be headed by industry veterans Tad Dahlke and Hal Hermelee...

However, some large commercial banks are willing to remain in the market through correspondent arrangements…

Roughly 86 percent of the mortgages are purchase-money loans...

The trading peak for the year came in February at $239.2 billion.

Will FHA hike its premiums? Maybe, maybe not...

Angel Oak Lending, Citadel Servicing and Navy Federal Credit Union all had IO gains of more than 60 percent during the quarter.

ICBA: “They [Freddie] can say whatever they want to, but financing MSR crosses the line.”

The FHA has proposed a similar user fee but has been denied repeatedly by Congress…