Moreover, one warehouse executive told IMFnews that he is beginning to get requests for increased capacity.

M&T sought a dismissal of the lawsuit in April, claiming that its loan officers were acting based on legitimate, non-discriminatory reasons.

When the Stearns announcement was made some of its competitors began speculating on what might happen to the acquisitions down the road.

Pershing Square and Perry Capital began loading up on GSE “junior” preferred two years ago, but not because they thought it was a great investment...

Some in the industry, including the MBA, feel the certification language lacks clarity...

The rating service predicted that in the coming months, more lenders will be willing to offer non-QMs that allow for debt-to-income ratios above 50 percent and credit scores as low as 620.

In a statement, Stonegate said Cutillo will be “redirecting” his “entrepreneurial energy on a new endeavor going forward.”

The top five jumbo MBS servicers handle 83.3 percent of the loans, with Cenlar alone claiming a 38.4 percent share.

According to a new report from Compass Point Research & Trading, a gain-on-sale index the firm created has been contracting the past month...

The resignation of Stonegate Mortgage CEO Jim Cutillo didn’t do much for the stock price of the company Monday.