Although there hasn’t been a lot of good news on PHH of late, one analyst we spoke with noted a positive: “They still have plenty of cash on their books…”

The source continued: “Fannie and Freddie have the right to put non-compliant loans back to the originator. Eventually, someone will ask whether they knowingly bought loans that had TRID violations…"

If Jamie Dimon really cares about the pain suffered by his customers, he may want to keep his default management servicing inhouse…

Maybe one of these days JPM will exit mortgages entirely. But for now, Jamie Dimon is staying put...

“I would say that [MSR] prices are reasonable now,” said one advisor who spoke under the condition his name not be used. “The bid/ask spread has come down a little bit.”

As IMFnews reported recently: one nonbank lender had a $910,000 jumbo mortgage rejected by a secondary market buyer because of a $19 TRID-related mistake on the disclosure form.

Seehausen stressed that due diligence reviews never became a big part of the company’s product offerings...

Fannie's CFO McFarland made her disclosure around the same time the U.S. Treasury changed the terms of the GSE bailout...

Big trouble for PHH? Its stock is getting clocked.

As recently as this past summer, there was talk in the industry that Wells Fargo might counter-sue the government...