Five Oaks will retain all the subordinate classes, the servicing rights and the IOs.

The costs for appraisals for home purchases have increased in recent years, according to some real estate agents responding to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey, with blame being placed on appraisal management companies. “Many agents report that appraisal costs have risen and AMCs’ overhead may be responsible,” said Tom Popik, research director of Campbell Surveys. While lenders aren’t required...

The top contributor to the new Credit Suisse jumbo deal is New Penn, which is controlled by MBS co-inventor Lew Ranieri.

DOJ cites an email written by a Quicken divisional vice president for underwriting who brags that the lender has a team that is “responsible to pushback on appraisers questioning their appraised values.”

Then there was Bert Ely who noted: "In my opinion, American housing policy is leading the country down the same path that led to the last housing bubble..."

Some 97 lenders contributed to the pending security from Redwood, led by PrimeLending with a 9.0 percent share.

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.