Another large nonbank enters the space for unsecured consumers loans. A trend in the making?

While most players holding non-agency MBS have seen their investments decline, two types of investors actually increased their holdings...

The subservicer started charging the borrower various attorney fees after completing the modification and didn’t respond to the mortgagor’s questions about those fees in a timely matter...

Super-jumbo lenders take note: Hugh Hefner’s Playboy mansion is now officially for sale.

Analysts continue to believe that PHH's shares are undervalued based on “book” price…

The publicly traded nonbank also will consider donating REO to the city...

The House Financial Services Committee also has some unkind words for the Department of Housing and Urban Development and its 7800-plus workers...

Loan amounts of up to $2.0 million are allowed under the program, though in certain cases A&D will go as high as $5.0 million.

But all is not rosy. At JPM, mortgage servicing balances continue to decline and the bank’s executives expect production margins will compress as origination volumes diminish…

The SEC said Ocwen improperly used MSR valuations performed by Home Loan Servicing Solutions, a related party to which it sold the MSRs.