Almost 60 percent of the repurchases made in the first half of 2015 involved loans that were securitized by the GSEs in 2013 and 2014.

In a statement, Stonegate said Cutillo will be “redirecting” his “entrepreneurial energy on a new endeavor going forward.”

The top five jumbo MBS servicers handle 83.3 percent of the loans, with Cenlar alone claiming a 38.4 percent share.

According to a new report from Compass Point Research & Trading, a gain-on-sale index the firm created has been contracting the past month...

The resignation of Stonegate Mortgage CEO Jim Cutillo didn’t do much for the stock price of the company Monday.

What do nonbanks think about depositories avoiding the wholesale/broker sector? They love it.

Fun fact: it was the highest mortgage-related income posted by the banking industry since the second quarter of 2013.

The U.S. Court of Appeals for the Eighth Circuit this week affirmed rulings from lower courts, noting that the “change in terms” agreement between Lapides and the lender was unenforceable.

Only one servicer among the top 15 – Caliber Home Loans – avoided a decrease in subprime MSRs...

For the year ending Sept. 30, 2014 MBA took in revenue of $51.9 million versus $39.1 million in expenses for a net profit of $12.7 million.