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Freddie Mac reported that it purchased $32.5 billion in loans from mortgage lenders in July, down from $44.1 billion in June.

MountainView Capital Holdings this week inked a deal to buy Clayton IPS, the independent pricing service division of Clayton Holdings.

June set a record for HARP 2.0 volume at 126,000 loans, including 53,750 mortgages with loan-to-value ratios over 125%.

Gragg Advertising is working on a marketing campaign for the Home Equity Conversion Mortgage.

Buyers of non-owner occupied properties need financing too.

CMG Mortgage, a national wholesale lender, said it is temporarily suspending production of HARP 2.0 loans through loan brokers because of problems associated with long turn times.

Lately, we’re hearing way too many stories about mortgage firms turning away business and temporarily scaling back loan channels because they’re too swamped with applications.

The Federal Reserve Bank is planning to sell $3.4 billion in toxic mortgage debt that it inherited four years ago when it bailed out American International Group Inc.

The Federal Housing Finance Agency is expected to issue loan buyback guidance by late September—or even earlier—that could spell relief for seller/servicers depending on how many caveats are attached to the language.

Fannie Mae is tightening its underwriting standards on adjustable rate mortgages, which accounted for just 4% of the GSE’s total loan purchases in the second quarter.