Bove sees some type of compensation going to the preferred shareholders of Fannie and Freddie...

Ditech revealed that "any and all bids" for the company or its assets will be evaluated...

Most of PennyMac's production entails correspondent acquisitions from primary market originators, a strategy that typically carries lower profit margins...

The big unknown about the merger: Once completed, what name will the new bank and mortgage company take?

But one thing is certain: the Trump White House is not monkeying around with GSE reform...

Calabria has firm support among Republicans on the SBC and the backing of Senate Minority Leader Mitch McConnell...

In comparison, Wells Fargo, JPMorgan Chase and Quicken Loans posted volume declines of 17.1%, 19.3% and 3.0%, respectively…

Non-QM galore, GSE earnings…

Riverside, CA-based Provident Savings Bank this week pulled the plug on its residential mortgage banking operation, citing a “highly competitive” operating environment and “market conditions.” The unit, Provident Bank Mortgage, is a $1.0 billion a year producer.

Almost across the board, conventional and government lenders took it on the chin in terms of originations last year, but two of the largest producers of non-qualified mortgages — the Angel Oak family of companies and Citadel Servicing Corp. — excelled.