“We hope that you will help us to push back on current efforts to gift the proprietary infrastructure of Fannie Mae and Freddie Mac to the big banks,” the clergymen write.

As mortgage firms plan their budgets for next year, executive talent is in demand...

Some good news: at least Wells Fargo's share price is not in Ocwen territory...

Maybe calling a delinquent borrower 12 times a day is too much...

Meanwhile, other lenders said they are hearing reports of correspondent originators slowing down the sale of closed loans to Wells.

A decade ago, PHH Mortgage had several suitors, including Countrywide Financial, which once coveted its private-label business…

Closing the fund means that Perry Capital will have to liquidate its holdings – including its positions in Fannie and Freddie...

The irony is that lower rates translate into robust originations and guaranty fee income, but can cause problems on the hedging side of the equation.

Most of the firms looking to buy other shops are nonbanks…

One trade group source had this to say about the arrangement: “There’s no g-fee break? Then it doesn’t sound like front-end coverage that helps lenders.”