A 34-year veteran of the home lending industry, Goulding also worked for Wells Fargo Home Mortgage…

JMP likes the higher profit margins that accompany non-QM lending…

Mick Mulvaney has made many significant changes at the CFPB since President Trump named him acting director of the agency in November. Attorneys said the organizational changes may have the most profound impact. Mulvaney was not a fan of the consumer bureau, which he called a joke “in a sick, sad way.” Six months into his interim tenure, he was doing everything he could to change the consumer agency both structurally and operationally, in how it makes ...

Banks have been reducing their servicing for others since late 2009…

The AAF warns against the GSEs becoming private entities again, noting there’s no way for them to raise enough capital…

Earlier in the decade, Sebonic was started by former employees of RoundPoint Financial...

Besides selling RFC, the publicly traded FNB is consolidating 20 of its branches in a cost cutting move.

The banks that report rates that form the basis of LIBOR won’t be required to participate in the survey after 2021…

Consultant Joe Garrett: "Salesmen don’t get paid less just because the company didn’t do well..."

The CFPB fired all the members serving on three of its advisory boards, including the Consumer Advisory Board, indicating a shift in its approach to external engagement. The consumer agency announced last week that it plans to reconstitute three of its advisory groups – the Consumer Advisory Board, the Community Bank Advisory Council, and the Credit Union Advisory Council – with “new, smaller memberships.” “By both right-sizing its advisory ...