Paul Muolo

Impac Mortgage Holdings, a former alternative-A giant that survived both the housing bubble and a New York Stock Exchange delisting, has launched a wholesale division, promising "pipeline transparency" and "industry innovation."

Foreclosure activity topped 330,000 units in October, a 4% decline from September — but only because of the national robo-signing scandal, according to new figures compiled by RealtyTrac Inc.

Redwood Trust, the only company to securitize jumbo loans during the past two years, has pushed backed its second deal to early 2011 because of a lack of available product.

Though the nation's labor markets are beginning to stir to life, mortgage banking and brokerage companies added just 900 full-time jobs in September, according to data released Friday by the Bureau of Labor Statistics.

Commercial and multifamily mortgage originations are at their highest level in nearly two years — driven by sequential growth in the health care and multifamily sectors.

The nation's seventh largest mortgage banking firm posted an $8 million loss in the third quarter after marking down the fair value of its mortgage servicing portfolio ...

Ambac Financial Group Inc., which wrote coverage on billions of dollars of subprime bonds during the housing boom, warned Monday that it may file for bankruptcy protection by yearend if it is unable to reach an accord with senior debtholders on a prepackaged bankruptcy agreement.

The tax deduction for mortgage interest payments, long cherished by consumers and the housing industry alike, is in danger of being trimmed.

Mortgage bankers originated $319 billion of Federal Housing Administration-backed single-family loans in fiscal 2010, a 12% decline from the previous record year.

Ambac Financial, which wrote coverage on billions worth of subprime bonds during the housing boom, warned that it may file for bankruptcy protection by yearend ...

The mortgage insurance division of Genworth Financial reported a third-quarter loss of $152 million, after posting a $116 million loss for the year-earlier period, as problems with its Florida book of business continued to worsen.

The Treasury Department may have to shell out an additional $73 billion to $215 billion to keep the capital positions of Fannie Mae and Freddie Mac from turning negative, according to loss projections released Thursday by the Federal Housing Finance Agency.

New loss projections released by the Federal Housing Finance Agency show that, if the U.S. economy worsens, the GSEs may cost the Treasury $363 billion by 2013.

The Fed issued its much anticipated interim rules on appraisals, declaring that refusing to pay appraisers a "customary and reasonable" fee will violate new guidelines.

The national foreclosure crisis has resulted in loan closings being scuttled in some regions, and fears are mounting that, if the situation is not soon rectified, it could damage the one area where lenders are reaping stellar profits: originations.

Bank of America has agreed to indemnify Fidelity National Financial if the title is challenged due to robo-signings and other improper foreclosure processing practices.

PHH Mortgage Corp. became the latest mortgage servicer to declare it is not initiating a foreclosure moratorium.

The market for nonperforming loans — billions of dollars of which are still sitting on banks' books — may be the next casualty of the fast-growing foreclosure document crisis.

The Obama administration said it does not support halting foreclosures nationwide on the grounds that it could delay and hurt a recovery in the housing market.

TD Bank, the U.S. unit of Toronto-Dominion Bank, said Tuesday it will add 75 full-time positions to its mortgage operations center in Lexington, S.C.