Is Blackstone's purchase of a mortgage lender a "one-off" deal or will other Street firms follow suit?

It's always possible that Green Tree could turn around and sue HUD before HUD sues them, which is what Quicken Loans did.

A period with protection against liability would allow the CFPB to evaluate any unforeseen issues stemming from TRID.

The Federal Reserve is seen as taking the brunt of nonbank servicer-induced prepayment risk on agency MBS.

for 2014, Messina's compensation package included a base salary of $930,436, stock awards of $2.3 million and $4.1 million in “non-equity incentive” pay.

The sale actually closed at yearend, although it was revealed in a press statement dated April 21.

The MBA is backing changes to how the CFPB functions...

Tal Frank, president of the company, noted that mortgages made to physicians maintain a near zero delinquency rate, even those without a downpayment.

Quicken is the first major lender in the nation to challenge the government in this regard by filing a lawsuit.

The lender says government investigators have conducted lengthy depositions with numerous Quicken leaders…