If Citadel can hit the $1 billion mark it would be a significant achievement in the “new,” post-crash nonprime market.

Mortgage executives have much to worry about these days: TRID, declining loan volumes and marketing services agreements, a new survey found.

In January, Birch Run reported a 17.8 percent ownership stake in Walter, but has since increased it to 19.8 percent.

In a past audit, the OIG criticized the FHFA for lacking a “sufficient number of examiners.” In the new budget, the FHFA plans to increase its examinations head count to 275 from 248 in FY 2015.

At the end of fiscal year 2015 the two GSEs had combined REO holdings of 78,738 units, a 36 percent decline from the prior year…

This observer, requesting anonymity, said bluntly that the MBS “trade” is over, a summation that is bolstered in part by so many Wall Street firms either closing their trading desks or scaling back...

It's the first time since 2008 that the MMIF has had a capital ratio north of the congressionally mandated 2 percent minimum.

A nationwide roll out of the small-balance product starts next year.

Some believe the FHA MMIF minimum capital standard should be 4.5 percent, not 2.0 percent.

A handful of hedge funds were salivating at the prospect of shorting loanDepot's stock...