The loss was driven by negative marks on mortgage servicing rights and losses on interest rate swaps tied to hedging.

FHFA Deputy Director Naa Awaa Tagoe filled in for agency Director Sandra Thompson at the MBA's annual convention.

FHA delinquencies haven't been this high since the early days of COVID.

One advisor, requesting anonymity, said he had a couple of clients who took “double-digit” markdowns.

PrimeLending took an $8.7 million loss in the third quarter, with originations declining compared with the second quarter and a reduction in margins.

One addresses foreclosures in states with a nonjudicial foreclosure process and the other would modify requirements for direct endorsement underwriters.

Mortgage-related complaints submitted to the CFPB were up 2.7% from the second quarter, driven by servicing issues.

Annaly says it increased its holdings of agency MBS with higher coupons during the third quarter.

Mr. Cooper group has reduced its servicing staff and is adding to its originations unit.

PennyMac funded $31.7 billion of residential loans during the July-September corridor, a handsome 17% improvement...