Ginnie Mae is seeking a new executive vice president and chief operating officer, a position that became vacant just last week.

FINRA said the implementation of the amended Rule 4210 can’t take place until the SEC formally rescinds a 2022 stay.

There may be a rush to amend CLOs before the June 30 LIBOR transition deadline, according to S&P.

FDIC monitoring commercial MBS performance; MISMO to update ASF data standards; ACC subprime auto ABS servicing update.

When nonbanks hurt, so too do their warehouse bankers. Just how bad is it? Many originators in the primary market are struggling to post a profit, violating their contractual covenants. (Includes data chart.)

To gain ground in a tough origination market, Rocket has set its sights on purchase-mortgage borrowers while United Wholesale is focusing on margins.

Homebridge Financial has agreed to sell most of its MSRs and its entire retail network to California-based CMG. Homebridge insists it’s not going away and is working on other transactions.

The Newark, OH-based bank was accused of redlining mortgage borrowers in majority-Black and Hispanic neighborhoods of the Columbus metropolitan area.

Less than a week after raising the “going concern” flag, the California lender announced plans to wind down its operations and liquidate.

The GSEs’ endorsement of attorney opinion letters in lieu of title insurance has the title industry concerned.