The most aggressive bidders for high-performing mortgage loan officers are nonbanks, which have been steadily stealing market share away from the megabanks...

The nation’s top consumer regulator told lawmakers the bureau has already provided an extended implementation period of 21 months...

The researchers said their data included seven of the 10 largest servicers based on market share.

Although George Ellison’s salary was not disclosed in the press release announcing his employment with the company, a subsequent filing provided details: $450,000 per year, another $450,000 in incentive bonuses...

Bank of America was among the few major depositories that reported a loss in mortgage-banking income, losing $253 million in the fourth quarter.

With little non-agency MBS issuance, Collingwood noted that it’s difficult to accurately price credit risk.

Meanwhile, Ocwen watchers are scratching their heads over a fourth quarter goodwill charge that eventually could reach $420 million...

For all of 2014, this group of banks and nonbanks earned $14.01 billion off of mortgages, a 39.6 percent drop from the year before.

A spokesman for Ocwen declined to comment on the “controlled liquidation” characterization and could offer no time table on when the lender/servicer might release its fourth quarter results.

Kristie Kully of K&L Gates discussed how the rule treats issues related to splitting commissions, a subject her firm gets a lot of questions about...