Sales of purchase loans with private MI coverage fell 21.7%, while Ginnie recorded somewhat more modest declines in FHA (16.0%) and VA (18.0%) volume.

For Ocwen, the acquisitions represent a chance to grow its lending business and bolster its MSR portfolio.

One big rah-rah fan of the GSE utility model is the National Association of Realtors...

The tide has turned on new loan applications, at least for now...

One headhunter, requesting anonymity, said experienced underwriters are no longer commanding salaries approaching $120,000 per year, though some aren't afraid to ask...

The rule “puts some real teeth behind the CDC’s COVID eviction moratorium,” according to Adam Levitin, a Georgetown Law School professor. He added that “some jurisdictions seem to be taking the CDC moratorium as merely advisory, rather than as binding law.”

Genworth Mortgage: "Following this offering, we will be a 'controlled company' within the meaning of the NASDAQ rules as our parent will continue to own, through GHI, more than a majority of the total voting power of our common stock."

PR Mortgage Investment is set to issue a $479.3 million non-agency MBS with conforming jumbos originated by Owning.

Historically, rich and poor borrowers have had roughly the same likelihood of refinancing: a probability of 1.14%.

If Caliber's MSR portfolio of $152.7 billion is valued at 100 basis points, that translates into a value of $1.52 billion, at least...