PHH Mortgage – which handles originations for a number of financial firms on a private-label basis – was the largest IO lender in the nation with $7.19 billion funded during the first half.

If the CEOs of Fannie and Freddie get their raises reversed, what will they do?

Officials from the Consumer Financial Protection Bureau, Wells Fargo and other industry players are set to provide an update on qualified mortgages and other CFPB initiatives...

What do Fannie/Freddie officials say about the walk-out? They were amused at the effort but declined to comment on-the-record.

It seems that more MI firms are sticking their toes into the jumbo waters...

It could be years before many lenders get comfortable offering non-QMs with significant default risk due to the litigation risk.

At mid year 2015, PennyMac was the nation’s 12th largest servicer, according to a ranking from Inside Mortgage Finance.

The CFPB’s QM standards currently don’t differ for loans held in portfolio or sold to other outlets.

Jumbo originations have increased sharply since 2008 but only about 5 percent of the loans have been included in jumbo MBS, which means the product is residing in bank portfolios...

The judge presiding over the case ruled that securities law regulates "disclosure of information, not the mismanagement of a company...”