The new interim CEO was an EVP at PNC Financial where he led the real estate division and was a founding partner and managing director of BlackRock...

Meanwhile, the largest potential deals looming over the market continue to be Ditech Financial and loanDepot…

The House bill is currently at the Senate desk, awaiting nods from Senate Banking Committee Chairman Mike Crapo, and Ranking Minority Member Sherrod Brown…

Analyst Henry Coffey: “It is worth noting, given expected home price appreciation, that a flat mortgage market should translate into a 4 percent or greater decline in actual mortgage unit count.”

Fix-and-flip lender LendingHome, San Francisco, has surpassed the $3 billion market in originations...

A handful of lenders offer one-month bank statement programs…

With originations expected to fall, lenders of all different stripes are carefully examining their staffing needs…

In his report, KBW analyst Bose George said, “While Mel Watt, director of the FHFA, was questioned about some of these issues in past congressional hearings, this will be the first hearing to focus exclusively on this topic.”

Issuers pooled $19.63 billion of FHA and VA refi loans during the third quarter, down 11.6 percent from the previous period…

One source familiar with Eli Global’s mortgage operations said layoffs have occurred at the company’s mortgage unit...