A decade ago, PHH Mortgage had several suitors, including Countrywide Financial, which once coveted its private-label business…

Closing the fund means that Perry Capital will have to liquidate its holdings – including its positions in Fannie and Freddie...

Among the top 20 VA lenders, just six depositories made the cut: USAA, Navy Federal, Wells Fargo, Flagstar Bank, The Federal Savings Bank and North American Savings Bank…

Most of the firms looking to buy other shops are nonbanks…

One trade group source had this to say about the arrangement: “There’s no g-fee break? Then it doesn’t sound like front-end coverage that helps lenders.”

Apparently, not everyone is a fan of low rates. Take Donald Trump, for instance...

Morgan Stanley was offering a 5/1 IO ARM with an interest rate of 3.850 percent for loan amounts below $1 million…

Requirement for the program include: three years of mortgage experience, a statement on production goals, anticipated operational structure and a description of the company.

VA wants to make sure that borrowers are not making a hasty decision to refinance, said VA Acting Director Jeffrey London.

Fannie said DU 10.0 also will help borrowers who have multiple financed properties, eliminating certain eligibility overlays…