Initially, loanDepot planned to register 35 million shares of common at a target price of $16 to $18 a unit, which gave it a maximum valuation of $630 million.

“It feels like we’re getting to a floor,” said MIAC Managing Director Steve Harris.

Joe Garrett added: “…if you keep mediocre producers around, it sends a message that you tolerate mediocrity…”

Second-ranked Chase Home Finance serviced $176.60 billion of jumbos at June 30, up 4.1 percent compared to 1Q16…

For now, Caliber isn’t commenting on PHH and the latter isn’t discussing anything to do with a sale of its assets.

Compared to the second quarter of last year, revenues at Walter declined an ugly 54.6 percent to $187.5 million. In other words, Renzi has a lot to turn around…

In a tough Ginnie MSR market, servicing advisors believe deals can get done as long as the seller has realistic expectations on price.

Keep in mind there are just seven MI firms writing new policies today so there are antitrust implications regarding two large players merging...

Although delinquencies on commercial MBS rose for a fifth straight month during July, predictions of a bust have not developed and many analysts are starting to feel more comfortable with the sector, especially in regard to multifamily credits. According to figures compiled by Trepp, the overall delinquency rate on U.S. CMBS increased 16 basis points during the month to 4.76 percent. The percentage of loans considered seriously delinquent increased 19 bps to 4.67 percent. This compares...

Many servicers increased their jumbo portfolios during the second quarter, including both banks and nonbanks, according to a new ranking and analysis by Inside Nonconforming Markets. A group of 30 servicers handled an estimated $863.40 billion in jumbo mortgages as of the end of June, up 2.0 percent from the previous quarter and up 10.7 percent from the same time last year. Wells Fargo, the top jumbo lender, is also the largest jumbo servicer ... [Includes one data chart]