This just in: Wells Fargo mortgage chief Mike Heid to step down...

First Tennessee has 172 warehouse customers, compared to 160 a year ago.

Both parties, to date, have declined to discuss the situation.

Meanwhile, $69.1 billion in FHA purchase and refi loans were securitized in 2Q, a whopping 93.9 percent sequential gain.

The Blackstone Group has finally lifted the 'cone of silence' on its acquisition of mortgage lenders. But will it disclose origination figures?

A number of lenders, including Wells Fargo, offer jumbos that allow for downpayments of about 10 percent.

Walter, the parent of Green Tree Servicing, also marked up the fair value of its servicing portfolio by $59.3 million.

In general, most nonbanks exited the second lien arena in the wake of the financial crisis.

Will the industry see a flood of nonbanks into the second lien market?

Borrower participants in the CFPB’s eClosing pilot project scored noticeably higher on three key metrics – efficiency, empowerment and understanding – the bureau announced during a public forum on the project last week. The CFPB surveyed consumers about their perceptions of how efficient the overall process was. This included their perceptions about delays, errors in the documents, and the time between important steps. The study found a 17 percent positive difference in scores for borrowers using eClosings compared to borrowers using paper documents. The CFPB also asked consumers how empowered they felt after the process. The survey asked consumers to respond to statements such as, “I felt I had control over the closing process” or “I felt empowered to play an active ...