The loans are being serviced in-house by the seller on a Black Knight servicing system.

To date, RoundPoint has declined to discuss the sale process or much of anything else with the media.

Of course, just because some actors earn millions each year doesn’t mean they’re good at holding onto what they bring home...

Happy birthday to the CFPB? Well, it all depends on which side of the mortgage table you sit on...

The titans of the industry – the four banks with over $1 trillion in total assets – shrank their mortgage portfolios by a combined 0.5 percent over that period.

Mat Ishbia, CEO of United Wholesale, stressed that interest-only mortgages are for “well informed” borrowers.

One senior mortgage manager, who has been in the business for 25 years., said despite what lenders may say about closing times, actual experience is probably worse. “No one is closing under 30 days,” he said. “Most will be over 50 days.”

To date, most of Citadel's mortgages have been sourced through loan brokers, but recently the company hired a correspondent manager, Alan Peviani...

Wells Fargo was the top issuer in 2Q with $16.0 billion, followed by PennyMac and Freedom Mortgage.

A unit of Cerberus Capital Management is preparing to issue a non-agency MBS backed by loans that have seasoned for an average of 8.9 years...