In California, the average Fannie/Freddie loan was $311,992 in 1Q17 compared to $307,302 in the first quarter of 2016.

In 2018, the number of data points required to comply with HMDA reporting standards is set to double…

In the same new regulatory filing, PHH also noted that Kathryn Ruggieri stepped down as the lender’s chief human resources officer effective June 30…

The rating service said investors should have access to the reviewer’s findings or access to other information that would help determine if a breach should be pursued.

The slow adoption rate suggests the problem is more a management and personnel issue than a technological challenge…

We haven’t see a whole lot of servicing auction notices the past two weeks...

Fitch was on top, although both companies had equal shares at 36.5 percent…

An expert in the commercial real estate debt market is calling on industry participants to “reset the business to where it used to be” to stop the commercial MBS market from shrinking any further. In a recent blog, Rick Jones, partner and co-chair of Dechert’s finance and real estate practice, noted CRE securitization, or at least the conduit part of the business, continues to dwindle. It has fallen from $800 billion in outstanding principal balance in 2007 to approximately $400 billion currently, with a run rate of about $50 billion annually. The downward trend is...

FUN FACT: Between 2000 and 2007, roughly $2.726 trillion of subprime residential loans were originated nationwide. Last year, just $2.0 billion were funded.

Purchase-mortgage volume has been gaining speed since bottoming out in February…