Michael Lau, the man who helped Phoenix Capital corral Bank of America as a client, has purchased his own mortgage banking firm.

Stearns Lending, one of the fastest growing servicers in the U.S., has hired a new manager to help it with servicing acquisitions.

Although Flagstar earned money on its mortgage business in the first quarter, its gain-on-sale margin took a major hit.

Residential lenders can rest easy: the GSEs aren't about to hike their net worth minimums. Also: the CFPB shows some love to banks.

ASF suggests that one way to reduce the market share of the GSEs is to hike guaranty fees once again.

PennyMac once again posted strong earnings, but the REIT's correspondent purchases are beginning to slow somewhat.

The jumbo market is heating up, which means the price paid for whole loans is on the rise.

Although Rep. Hensarling rebuffed Cordray, the CFPB chief delivered the agency’s semi-annual report to the Senate Banking Committee Tuesday morning.

Obtaining approvals to become a GSE seller/servicer can cost you, but think of the money you can make from owning servicing rights.

Navy Federal, which is headquartered in one of the hottest housing markets in the nation, saw residential fundings almost double in the first quarter.