According to Casey Crawford the recapitalized depository will focus on “loving and serving people.”

Among other things, CapLoc – an affiliate of Eli Global – charges that FMC pledged “ineligible” mortgages as collateral…

Advisory firm Mortgage Banking Solutions, Austin, TX, is working on three mortgage-related acquisitions...

The GOP legal analysis asserts that Cordray failed to satisfy subpoenas the committee issued for agency records…

According to industry officials who claim to have knowledge of the matter, Kittle is still the top pick, but...

“There is a proven blueprint to succeed, and we hope to successfully resolve this matter before reaching the Supreme Court of the United States,” the company told investors.

Among residential lenders in a hiring/growth mode is Movement Mortgage...

CHMI was launched a few years ago by the privately owned Freedom Mortgage, the nation’s seventh largest originator…

Two high-profile real estate investment trusts – Annaly Capital Management and New Residential Investment Corp. – appear to be refining their investment strategies these days, heading in different directions in terms of what asset classes they prefer. New Residential is continuing to make huge bets on mortgage servicing rights. According to its just-released earnings statement, the investor is showing no reluctance whatsoever when it comes to size. A new tally from Inside Mortgage Finance shows that New Residential ended the second quarter with $353.0 billion of “full servicing” rights in its possession, up 40.1 percent from March 31. A year ago, the REIT wasn’t...

This week, the government-sponsored enterprises reported combined earnings of $4.86 billion in the second quarter, which was down 2.4 percent from the first three months of the year. The two GSEs’ fortunes went in opposite directions: Fannie’s net income rose 15.4 percent from the first quarter while Freddie’s was down 24.7 percent. Fannie CEO Tim Mayopoulos said...