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.

MGIC CEO Patrick Sinks noted that the mortgage insurer will be revising its premium rate cards soon. Stay tuned...

Impac is working to increase originations of non-QMs as part of an effort to mitigate against reduced refinance volumes.

Jumbo MBS issuers are not required to identify lenders that contribute less than 5.0 percent of the loans to any particular deal.

Where Realtors were once the first source of information for homebuyers, increasingly independent mortgage lenders are attempting to provide leads on homes for sale and more...