Paul Muolo

Bank of America, as part of the national robo-signing settlement, is offering to wipe out 150,000 severely delinquent seconds liens for select customers.

Who knows more about housing and mortgages? Obama or Romney?

HLSS completes another servicing deal with Ocwen Financial Corp.

Cenlar, a thrift, grew its subservicing business by 25% in the second quarter.

Presently, for legacy seller/servicers the minimum is roughly $2.5 million, but the fear is that over time that threshold will be ratcheted up to $5 million—all in the name of risk management.

Thanks to more GSE G-fee hikes, in time we may see more firms play in the jumbo MBS space. But don't hold your breath.

As banks exit wholesale mortgage lending, net worth requirements for GSE seller/sevicers are being rethought.

Grand Bank has agreed to sell its wholesale mortgage banking division, ICON Residential.

Borrowers in 900 communities in 48 states will continue to have access to Rural Housing Service-backed single-family loans for at least another six months.

Mortgage REIT Redwood Trust is ready to hit the market with yet another new jumbo deal.

A new report from the inspector general of the Federal Housing Finance Agency slams the agency for delegating too much management authority to the government-sponsored enterprises on major business decisions.

Can Mitt Romney save the mortgage industry from regulatory overkill?

Nationstar Mortgage priced yet another offering of senior notes—this one for $100 million.

A reading on pending home sales fell in August but activity remains robust.

Residential Capital Corp. will be auctioned off to the highest bidder in less than a month but the process of choosing a winning bidder could stretch out to five days.

Since Wells Fargo threw in the towel on wholesale this summer, rumors have surfaced that the megabank might also quit or curtail its correspondent purchases.

A new player in the origination market has originated $100 million in loans that are not eligible for sale to Fannie Mae, Freddie Mac, or coverage under FHA. Who is it?

Sales of new single-family homes declined 0.3% in August from the month prior to a seasonally adjusted annual rate of 373,000 units, even though mortgage rates fell to new lows.

Residential loan applications rose almost 3% on a sequential basis for the week ending September 21 with mortgage rates of all types once again reaching new lows.

New Penn Financial, a fast-growing lender with ties to MBS co-inventor Lew Ranieri, hired Brian Simon as its new chief operating officer.