According to Inside Mortgage Finance, Bank of America has the highest delinquency rate among the nation’s megabanks.

If you're looking for a g-fee bargain, Freddie Mac is offering deals. Well, sort of.

The publicly traded REIT is jumping into the jumbo MBS market with its first deal. Many of the loans come from nonbanks.

Fannie sold $2.2 billion of non-agency assets in the first half of the year. Meanwhile, Freddie sold at least $1 billion of non-prime MBS in May.

Even with the incentive fees offered by the HAMP program, residential servicers favor proprietary mods.

Redwood Trust said it expects to hit its goal of acquiring $8 billion in non-agency jumbos in 2013, “but it won’t be easy" company officials said.

Wells Fargo cuts 760-plus mortgage workers. Meanwhile, Bexil American enters the New Jersey market through the wholesale channel.

Two Harbors revealed that it is advanced talks to purchase a potentially significant portfolio of mortgage servicing rights later this year.

The SEC said the deal has taken nearly $70 million in losses – the greatest loss rate of any comparable securitization from Bank of America. An additional $50 million in losses are expected.

Portfolio recapture, wholesale, and builder channels accounted for almost 79 percent of its fundings in 2Q.