Servicing profits were generally down in the first quarter as many companies reported negative effects resulting from interest rate volatility.

The survey also found that about 90 percent of loans originated by banks were QM compliant compared to 84 percent last year...

Calls to nonbanks from Inside Mortgage Finance revealed a great deal of interest in the Citadel product...

Caliber Home Loans is the top contributor to the pending MBS from WinWater with a 10.2 percent share of originations...

One official described the situation: “Just more house cleaning now that Harold [Lewis] is gone. Most of the senior people leaving were his supporters.”

One of the departing executives at Nationstar Mortgage used to work at JPMorgan Chase, Fannie Mae and Macquarie Bank…

The regulator said Guarantee – which is in the process of liquidating – paid its LOs, in part, based on the interest rate of the loans they were bringing in.

They called on policymakers to “embrace” nonbanks and address unintended regulatory impacts that are seen as driving banks out of portions of the mortgage market.

According to exclusive figures compiled by Inside Mortgage Finance, BofA is the second largest player in second liens at $139.1 billion in holdings.

A statement issued by MBA president David Stevens does not comment on the merits of the two cases but blames the CFPB for issuing LO comp rules that are not clear.