The "Lost Sales Analysis" product – licensed from its developer, Equifax – helps originators determine if applicants closed a mortgage with a competitor.

Fairholme: “Only the disingenuous would assert that recapitalization of these companies would take decades and come at taxpayers’ expense…”

Tom Hutchens of AOMS, said “a lot” of his optimism about higher nonprime origination volumes for 2017 is tied to securitization. “This is now a liquid market,” he said.

The nomination of investment banker Steven Mnuchin to head the Treasury Department moved forward Wednesday...

Keefe, Bruyette & Woods is worried about the prepayment risk that comes with owning so much Fannie Mae/Freddie Mac servicing rights…

The trade group’s blueprint also throws cold water on any piecemeal “recap and release” plan for Fannie and Freddie.

"The legal challenges [to firing Cordray] must be very legitimate or they would have tossed him by now," said one industry official...

New Residential, a publicly traded REIT, will obtain the rights to roughly 780,000 loans ($97 billion) guaranteed by Fannie Mae and Freddie Mac...

This source continued: “If only Castro had put the MIP cut through right after the actuarial report came out, we probably wouldn’t be talking about this right now.”

The last company to go on an MSR acquisition binge this fierce was Ocwen Financial…