As we noted last week: Fannie Mae and Freddie Mac are likely in the same boat regarding fourth quarter results: Big gains expected from derivatives. GSE results are due in mid-February or so.

In December, Mr. Cooper reported that pre-tax profit margins on originations fell to 1.1% in October and November from 1.3% in the third quarter.

Arch MI says areas with the highest price appreciation tend to be in smaller cities like Chico, CA, and Jacksonville, FL…

In a few weeks, Ocwen will report fourth quarter results. In trading Wednesday, its common was fetching $1.28 compared to a 52-week high of $2.45 and a low of $1.24.

To date, Odeon has published 55 comments on the GSEs in the past 12 months…

But the financial windfall from the underwriting contracts where the two mortgage giants will offer new shares of common to the public should be considerably larger.

Flagstar also revealed $4.9 billion of "flow” servicing sales during 4Q19...