The Lenders One co-op is controlled by industry vendor Altisource Portfolio Solutions, which is pondering a sale. Altisource is publicly traded and started out in life as part of Ocwen…

“Expansive datasets about people’s social connections, the kinds of websites they visit, where they shop and how they talk do not have the same simple intuitive connection to each individual’s ability to repay a loan,” said Aaron Rieke, managing director at Upturn...

Among the top 10 FHA direct lenders, not one was a bank. Quicken ranked first overall...

In case you haven’t noticed, the share price of Fannie Mae and Freddie Mac common has been in a freefall since early June, down 32.4% each.

In the second quarter, Wells Fargo suffered a 2.0% sequential decline in its MSR portfolio while JPM's receivables dropped 1.4%...

Fannie/Freddie "noncore" loans include conforming jumbos, mortgages with debt-to-income ratios greater than 43%, investor loans/second properties and cash-out refinances...

In a new report to its shareholders, Fairholme Capital Management notes the fund it manages owns a 4% position in the preferred shares of Freddie, “which currently trade at less than half of stated liquidation values, implying potential current yields of over 14% per annum.”

The securitization of retail-property mortgages plummeted 25.7% from 1Q to 2Q, IM&A found...

During the quarter, Redwood issued a $400.84 million prime non-agency MBS and sold approximately $800 million through whole loan executions.

Large nonbanks the likes of UWM, Quicken and loanDepot are hiring but overall, the mortgage employment figures for June were not particularly strong...