What does the Brexit vote for Fannie Mae and Freddie Mac? Hedging losses, maybe?

Consultant Joe Garrett noted that if investors are worried about marketplace lenders in the current credit environment, just wait until the economy eventually goes south...

Eventually, Fannie Mae will sell its historic HQ site at 3900 Wisconsin Avenue in Washington, DC, and making a killing on the sale...

One trend that appears to be gaining momentum is the increased use of call centers and loan officers working at such shops who are compensated at lower commission rates…

MBA President Dave Stevens told IMFnews: “We respect the work of Glen [Corso, CMLA director] and his organization greatly...."

Walter’s stock price has declined by about 80 percent in the past year due to regulatory issues and other pressure on nonbank servicers...

Some 4.0 million mortgage borrowers had negative equity at the end of the first quarter of 2016, down 21.5 percent from the first quarter of 2015.

Equity Prime Mortgage of Atlanta said it’s hiring in all areas, including sales, servicing, operations and compliance…

Rumor has it that a mid-sized nonbank based in the Western U.S. is entertaining takeover offers...

The former Wells LO added: “I was bullied into entering the consent order because the CFPB left me no other reasonable choice.”