Despite the red ink, PHH’s board approved a new $100 million share repurchase authorization…

A guarantee fund would be developed to cover losses.

A handful of mortgage executives have suggested to us that trade groups are overreacting to the GOP’s tax overhaul plan and the way it treats the mortgage interest deduction...

Industry consultant Paul Hindman believes more executive changes are likely in the months ahead…

According to Wallison: “There is nothing about the way the government has managed the housing finance system for the last 50 years that would remotely recommend a continuing government role.”

Tuesday’s panel discussion has been dubbed the “think tank” hearing because it includes representatives from the Urban Institute, the Milken Institute and American Enterprise Institute…

Interestingly, Nationstar, Ocwen and Walter each have embarked on a course of selling their owned mortgage-servicing rights while staying on as a subservicer…

PennyMac estimates by entering the broker space it will gain access to additional 10 percent of the $1.7 trillion loan market.

No immediate successor to Ashmore was named, but whoever the person is they will have to deal with a slumping revenue picture…

Ocwen will not be sold through a stock deal, but Nationstar could be...