Flagstar estimates it will recover about $1 million of the cost in the third quarter while it continues to pursue other legal remedies tied to Live Well...

A thirst for yield has spurred some large big-name banks to invest in hard-money loans, albeit quietly…

Annual adjustments in the GSE loan limit are required by law and FHFA regulations peg them to changes in an index of average house prices maintained by the agency. As of the most recent reading, the loan limit will easily climb over $500,000 in 2020, a threshold that will get people’s attention.

A reason for GSE shareholders to rejoice: The FHFA will eliminate the net worth profit sweep shortly… 

The CFPB will leave all previously disclosed fields intact, including consumers’ narrative descriptions of their complaints...

One source said a $30 billion bulk servicing portfolio went out for bid but was unclear whether the receivables actually traded...

Freddie Mac was active in the MSR financing sector while Fannie stayed mostly on the sidelines.

According to figures compiled by Inside Nonconforming Markets, in the first half of the year Deephaven ranked eighth among all expanded-credit mortgage lenders with total production of $650 million.

Issuance of deals backed by commercial real estate more than doubled from the first quarter…

The lifting of the sanctions comes amid a recent report by Bloomberg that New Day Chairman Emeritus Joe Murin might be a candidate to be the next permanent president of the government guarantor.