The mortgages were originated by Lone Star affiliate Caliber Home Loans, but also LendSure Mortgage and Sterling Bank & Trust.

As IMFnews went to press Wednesday, Mnuchin said in a Fox TV interview that resolving Fannie and Freddie will be a top priority.

Expanding the credit box will be a major theme in the GSEs’ priorities for 2017, according to the FHFA.

The ABS market itself shrank slightly during the third quarter, according to data reported by the Securities Industry and Finance Markets Association...

In case you haven’t noticed: the national debt is ready to crack the $20 trillion mark – almost twice the dollar volume of outstanding residential debt in the United States.

A reason to worry: several federal consumer financial protection laws give direct enforcement authority to the states…

The banking industry still has a hefty $4.59 billion of reserves for future repurchase expenses…

In the FirstKey deal, the loans have seasoned for an average of 10 years…

Some see the move by UWM as a way to be more competitive in a declining origination market…

The MBA said the calls would generally be from servicers to borrowers, seeking to determine the reasons and nature of a delinquency…