Bright was first nominated to the post by President Trump in May of last year. He had been serving as an EVP at Ginnie.

Four years ago, Leslie Peeler, the Fannie Mae senior vice president in charge of the GSE’s servicing decisions, left the mortgage giant for Seterus.

The non-QM market is booming, said Angel Oak executive Tom Hutchens…

The FHA handbook states that servicers can receive a “financial incentive” for offering forbearance...

Cascade services $1.3 billion of product…

“The only way to get through that is to sell assets – and for many of them that means mortgage servicing rights,” Steve Harris of MIAC told Inside Mortgage Finance.

Overwhelmingly, industry analysts expect Mark Calabria to shake things up at the Federal Housing Finance Agency – that is, once he’s approved by the full Senate.

AmeriSave said it wants to scale its origination business…

The RIFs at BB&T started in December and more are expected...

Morningstar expects the market share will increase for ARMs, interest-only loans and mortgages with higher loan-to-value ratios…