Stonegate Mortgage saw its share price fall to a new 52-week low of $9.76 Thursday morning on no major news.

“There’s real business out there,” said Brian Chappelle, a mortgage industry consultant.

The top five lenders in the industry accounted for 33.8 percent of total production last year, down from a combined 40.8 percent market share back in 2013.

More commonly, servicer event of default clauses are tied to the servicer’s financial condition...

In other words, the bureau is asserting the primacy of its regulatory authority over the legality of certain private contracts.

Demand for VA products is being sparked by declining interest rates and the fact that these government-backed loans do not require any downpayments.

It’s unclear what exactly will be addressed in these new standards, though capital requirements for nonbank servicers is said to be a key part of it.

According to the IMA offering circular, the seller is a “Southwest, independent mortgage banking entity with strong financials and a highly experienced senior management team.”

Total revenue at EverBank fell to $222.6 million in 4Q compared to $234 million in 3Q.

“The industry seems to be cut out of some of the development of the securitization platform,” said Rep. Scott Garrett, R-NJ...