One observer familiar with Stegman’s remarks said, “I think it’s clear that he likes what Redwood is doing in the system.”

Sen. Richard Shelby, R-AL, agreed with Warren’s criticism of the government’s failure to prosecute individual bankers, but he faulted the Department of Justice, not financial regulators...

"Wellington's going to do what Wellington's going to do," said one observer of the stock sale.

We understand that when stock analysts meet with Ocwen management, executives at the nonbank usually tell them to not even ask about the deal.

Bank of America was once again the buyback king at the midway point in 2014.

The CFPB also is working with other regulators to help ensure consistency in their examinations of mortgage lenders...

As reported by IMFnews, 18 current members are affected by the proposed ban on captives, seven of which are mortgage real estate investment trusts.

Since the housing bust, very few mortgage firms have securitized MSRs, though they have used securitization vehicles for advances.

The advisory firm based its findings on the operating results of 37 independent mortgage banking companies across the U.S.

Roughly 25 percent of lenders said they hope to enter the home equity lending market over the next 12 months.