PennyMac remained the largest nonbank servicer of agency loans with $325.12 billion on its books at the end of June…

Fannie has paid Treasury a stunning $181.4 billion in dividends to the U.S. Treasury compared to cash draws of $119.8 billion...

One potential solution to the nation’s huge deficits: a transition tax on trades of stocks and bonds, including MBS...

“It’s a blessing and a curse to get this much volume this quickly,” said Matt Ostrander, chairman and CEO of Parkside Lending.

There’s been speculation that the Treasury Department this year would suspend the dividend payment to let the two companies build capital, a first step in an administration-backed recapitalization and release plan.

Wells Fargo, for instance, reported $675.0 million in residential mortgage banking income for the second quarter, up just 2.1% from the previous period.

Approximately $600 million of refinance loans with a VA guarantee were left stranded on lenders’ balance sheets due to a conflict in Ginnie seasoning requirements that were ushered in with passage of the Dodd-Frank reform act...

The presale report notes income on 47.5% of the loans was verified using “alternative methods,” which means personal or business bank statements.

Although MBS issuance was strong in the second quarter, ABS deals were less robust...