Wedbush's Henry Coffey notes that PHH is “facing a number of challenges,” including a struggle to restore profitability…

Ocwen, which in the past has been sanctioned by regulators for some of it servicing practices, also disclosed $10.0 million of additional reserves for a potential California regulatory settlement and $7.0 million of incremental reserves for a previously disclosed letter dating issue.

At Flagstar, refinances accounted for 57.6 percent of originations compared to 54.2 percent in the second quarter.

“Agency MBS prepayment speeds slowed in September, but they still hover near the multi-year highs reached last month,” according to a report from Keefe, Bruyette & Woods.

With rates creeping up, more MSR packages should hit the auction block…

Some loan brokers we spoke with were skeptical about the RE/MAX concept...

Since Genworth is a counter-party to Fannie Mae and Freddie Mac, the GSEs must approve the change of control as well.

CBO’s comments were contained in a report that takes a “what if” approach to allowing Fannie and Freddie to retain as much as $5 billion of capital a year for 10 years...

Freddie said the revised suite is “designed to take costs out of the loan origination process.”

For Mel Watt, he's at the halfway point...