The VA Loan Guaranty Service wants to hear from stakeholders…

In general, 2016 was a banner year for loan production with some publicly traded nonbanks turning in their best results ever – and thus rewarding their top executives handsomely. According to an analysis of available proxy statements by Inside Mortgage Finance, Penny Mac Financial Servicers founder and Executive Chairman Stanford Kurland was the industry’s top earner at $9.12 million in 2016. His firm – the nation’s number-four ranked originator – had a good year: net income of $336 million, a 26.0 percent improvement from the year before. Back in 2015, Kurland took...[Includes one data table]

PHH Corp. releases its first quarter results the second week of May.

The market for new nonprime mortgages includes some options for borrowers, allowing for income verification via bank statements for borrowers with moderate credit scores or somewhat stringent underwriting for borrowers with exceptionally low scores. And loans to borrowers with scores around 700 have features that fall between the two offerings. Originations of nonprime mortgages remain suppressed compared with the pre-crisis heyday for subprime loans and Alt A mortgages. However, the market has slowly started to gain traction in recent years thanks to Lone Star Funds. An affiliate of Lone Star is...

It’s still early in the reporting season, but when it comes to home lending, nonbank executives seem more optimistic than their depository peers…

Roughly $12.50 billion of agency mortgages securitized during the first quarter with some form of primary MI were tied to Golden State properties.

Ocwen’s counsel includes Goodwin Procter LLP, which also is representing PHH Corp. in its legal battle against the agency…

Arch reported primary mortgage insurance in force of $237.8 billion at March 31…

The DOJ, as anticipated, switched sides in this dispute after President Trump took office.

Is the White House pondering HUD-related nominations?