Samuel Bjelac is returning to Carrington Mortgage Services to help grow non-QM originations in its third-party origination channels.

Expanded-credit mortgage securitizations picked up in the third quarter of this year as second-rung players increased their participation in the market. (Includes three data tables.)

After finding success in the agency space, lenders are testing buydowns in the non-QM market.

Whistleblowers bringing False Claims Act complaints against FHA lenders must provide material evidence of harm, an appeals court ruled.

A Cleveland homeowner says Nationstar (now known as Mr. Cooper) improperly declined his COVID-related loan-modification request. Nationstar acquired the servicing rights from another company. 

Following a boom in buyout activity of FHA and VA loans from Ginnie Mae pools in the first 18 months of the COVID-19 pandemic, loan removals continue to decline. (Includes data chart.)

Megabanks topped the list of GSE servicers in the first quarter of 2022, but they continued to lose market share to nonbank servicers. (Includes two data charts.)