Most lenders are usually shy when asked whether they would like to go public. But not Better Mortgage, a barely one-year-old “digital” mortgage lender that could triple loan production this year to $1.5 billion. “Yes, we’d like to go public,” company founder and CEO Vishal Garg told Inside MortgageFinance. “This company should be owned by the public.” As for when, that’s a different matter. The last time a nonbank mortgage lender sold...

As might be expected, Rep. Jeb Hensarling, R-TX, chairman of the House Financial Services Committee, did his best to pummel the CFPB and its Director Richard Cordray during a hearing Wednesday.

The Fed owns roughly $1.7 trillion worth of agency MBS. But don’t expect any wholesale dumping to take place…

Employee turnover is becoming a trend at Walter. Two weeks ago, the company's chief legal officer Jonathan Pedersen resigned.

The media call with Barney Frank was sponsored by the Constitutional Accountability Center, which assisted scores of current and former Democrat members of Congress in filing an amicus brief in defense of the CFPB.

It appears the Trump White House is once again seriously considering Pam Patenaude to be the deputy HUD secretary...

With the purchase of Opes, Flagstar likely will move up two spots in the origination rankings to number 12, according to Inside Mortgage Finance.

PHH Mortgage, which is restructuring its operations, was the top ranked interest-only lender in 2016…

The CFPB noted: “The bureau’s constitutionality has been challenged frequently, but has yet to be addressed by a court of appeals…”

Angel Oak employs 52 wholesale account executives and hopes to add three to four additional ones a month.