The market for mortgage mergers and acquisitions is beginning to heat up with talk about who’s in – and who might be out. According to investment banking officials speaking under the condition they not be identified, Caliber Home Loans and Flagstar Bancorp continue to make their intentions known as buyers. “Caliber is looking to make a big splash,” noted one advisor who said he’s been contacted by the privately held lender. “And they have money behind them too.” That “money” would be...

The most challenging aspect of complying with the pending amendments to the Consumer Financial Protection Bureau’s mortgage servicing rule will be implementing the successors-in-interest provisions, according to industry experts. Most of the revisions to the rule, issued last year by the CFPB, take effect Oct. 19, 2017. But the successor-in-interest requirements kick in April 19, 2018. Addressing an audience at the 2017 American Bankers Association regulatory compliance conference in Orlando this week, compliance professionals broke...

The Ginnie MSR market has been in the tank the past two years, but has revived somewhat this spring…

Walter’s warehouse providers include Wells Fargo and Credit Suisse, among others.

Last year, SoFi received approval to become a Fannie Mae seller/servicer.

And a business plan is born: lending money to real estate agents...

The Treasury Department says it’s possible that originations are being stifled by caps on points and fees charged to borrowers.

The industry is concerned the CFPB rule has the potential to put servicers smack-dab in the middle of some nasty family disputes…

Last month, Federal Housing Finance Agency Director Mel Watt said he’s prepared to allow Fannie and Freddie to build some type of capital buffer to avoid a Treasury draw…

HUD secretary Ben Carson could implement changes through mortgagee letters to shrink FHA’s role…