Federal Housing Finance Agency Director Mark Calabria Tuesday raised eyebrows when he told the House Financial Services Committee during a hearing housing finance reform that he is open to wiping out the shareholders...

The Freddie Mac single-family servicing market grew roughly three times as fast as the Fannie Mae market during the third quarter, according to a new Inside the GSEs analysis.

Flagstar Bancorp originated $9.3 billion home mortgages in the third quarter, posting a net profit of $63.0 million, according to figures released Tuesday morning ...

Across all LTV bands, the share of purchase loans with low FICO scores fell from 12.88% in the second quarter to 12.29% in the third.

Alex Pollock: Even if you allow the companies a credit of 2% interest on their over-payments, they would nevertheless be left with a principal debt exceeding $100 billion.

In a report released Friday morning, Cowen Washington Research Group analyst Jaret Seiberg noted that banking regulators have been using consent decrees for years. “Such orders also tend to include conduct restrictions on the banks,” he said…

Fun fact: Over the past five years, the nonbank share of the agency servicing market has almost doubled and now stands at 47.2%...

Believe it or not, the two mortgage giants are much closer to getting out from under the FHFA’s thumb than most observers expect…