Over the past year, RPM has been in the hunt to buy other mortgage companies, investment banking sources told IMFnews.

According to Moody’s rating scale of long-term corporate obligations, obligations rated Caa are judged to be of “poor standing” and are subject to “very high" credit risk...

Not only is the FHFA scrutinizing lender-paid mortgage insurance products, but the agency might require higher capital standards...

The findings were based on results supplied by 359 residential originators.

The average closing time for a VA mortgage was 41 days, a reading taken in as of March of this year. A year ago it was 39 days.

Chuck Klein, managing director for Mortgage Banking Solutions, agrees that most of the coming M&A activity will center on small- and medium-sized shops.

The reassurance on TRID was given Wednesday morning to Richard Hunt, president and CEO of the Consumer Bankers Association...

If Fannie Mae and Freddie Mac were privatized, they would likely have to increase their capital from current levels and face increased borrowing costs.

The FHA loans were originated through the bank’s mortgage subsidiary, First Horizon Home Loans, which was sold to MetLife Bank in August 2008.

In partnership with former Lehman Brothers Managing Director Brian Libman, Blackstone is trying to carry out a “roll-up” strategy...