During the first nine months of 2015, retail accounted for just $400 million of Ditech’s $19.6 billion of residential production...

Impac Mortgage is currently recruiting sales and operational personnel...

The IBM-owned Seterus has been buying mortgage servicing rights from Ocwen Financial...

PHH Corp. and Nationstar Mortgage – both top 10 ranked residential servicers – recently filed to sell debt securities, an odd situation for two companies struggling with low share valuations amid a lack of confidence among both investors and stock analysts. The lender/servicers also have unveiled stock buyback programs, though such announcements usually represent a desire to do so, and not a contractual obligation. PHH’s Form S-3 filing with the Securities and Exchange Commission offers...

A surge in sales of mortgage servicing rights by banks to nonbanks is likely over, according to industry analysts. As regulatory oversight remains a concern, the use of subservicing is expected to increase, with troubled loans handled by specialists. “The frequency of MSR transfers will remain low, even though buyer interest in MSR transfers may rise from 2015 levels,” according to analysts at Moody’s Investors Service. Analysts at Bank of America Merrill Lynch added...

This CEO called the letter a "godsend."

Depending on the product, loan amounts can range from $100,000 to $250,000...

Chase’s nine-month USDA volume translated into a 31.0 percent market share.

Introduced in Sept. 2015, fundings of loanDepot home equity loan products have nearly doubled every month since launch...

PHH Mortgage remained the predominant IO lender with $3.43 billion during 3Q15, but the firm’s volume fell 16.9 percent on a sequential basis.