Whether they like it or not, certain cranky old LOs might have to accept that the younger generation is becoming more involved in the mortgage transaction.

Blackstone has bought at least one nonbank the past year and is eyeing several other acquisitions but has offered no commentary on its plans...

Lenders One, by the way, is looking for a new CEO. Its former chief executive, Jeff McGuiness, left back in June...

At the midway point of 2015, the group’s $8.061 billion in year-to-date mortgage-banking income was up 15.1 percent from the first six months of 2014.

Company CEO Dan Perl said the privately held nonbank has been receiving several applications for loan amounts ranging from $2.1 million to $2.7 million...

Clayton Holdings noted that 75.9 percent of the mortgages were originated via the retail channel with the balance coming through loan brokers.

But only 33.0 percent of California mortgages had primary MI coverage, compared to 46.6 percent for the nation as a whole.

Greystone Servicing Corp. originated all of the 44 notes in the deal.

According to one published report, Gov. Andrew Cuomo is considering John Coffey as the next superintendent for New York Department of Financial Services.

The amount of lead time the market will need to make changes to prepare for the single security was one of the concerns discussed at the first advisory group meeting for the single security/common securitization platform.Members, comprised of trade group officials as well as representatives from Fannie Mae, Freddie Mac and Common Securitization Solutions, convened for the first time in mid-July at the CSS office in Bethesda, MD.Operational and technology impacts were discussed, according to notes summarizing the meeting, and most participants agreed that a quick fluid transaction would be best, with conversion to the new security taking place as soon as possible. Most members agreed that the transition could be completed within three or four months but said system changes could take longer.