At Fannie and Freddie, cash-out refinance volume was up 16.0% from June, while rate-term transactions rose 12.6%.

Roughly four years ago, Ocwen Financial employed 10,500 workers worldwide. The firm's headcount is down dramatically since then...

CSS has retained Spenser Stuart – a talent vendor frequently used by Fannie – to conduct an executive search.

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.

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.”

Ginnie Mae is turning off the spigot on refinances of high LTV mortgages guaranteed by the VA...

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...