A year ago, only two to four bidders would show up for an MSR auction. But those days are long over.

As reported by Inside MBS & ABS earlier in the year, the two GSEs are sitting on large unrealized gains on some of their MBS holdings, including non-agency.

Need a zero-down mortgage for $650,000? Another Washington-area credit union steps up to the plate.

PMFS, an affiliate of PennyMac Mortgage Investment Trust, said the repo line will be used to fund new residential originations.

Any lender that has refis greater than 50 percent could be at risk for layoffs, said one industry consultant.

A few days the megabanks will reveal 2Q earnings, letting us know how gain-on-sale margins are holding up.

The sale price breaks down as follows: $2.43 billion for the servicing advances and $241 million for the MSRs.

Citigroup, which runs an active NPL trading desk, acquired the assets from a large money-center bank.

New report sheds light on how much nonbank mortgage workers earn.

Well, at least the White House is happy. Fannie and Freddie turned over $66.4 billion to the government at the end of June, money that will help reduce the deficit.