Mortgage lending firms that want to do business directly with Fannie Mae and Freddie Mac as approved seller/servicers are encouraged to apply with one or both of the government-sponsored enterprises but only if they are prepared to go the distance to demonstrate they are a good, risk-free fit for the agencies, GSE executives and experts noted during an Inside Mortgage Finance webinar last week. Would-be applicants should not confuse the agencies’ “somewhat conservative” posture under conservatorship for disinterest in taking on new seller/servicers, explained National Union Mortgage President and CEO Bill Cosgrove. “They are open for new business,” he told...

Republicans in Congress worry about the CFPB collecting too much data on consumers but are their concerns overblown?

Michael Lau, the man who helped Phoenix Capital corral Bank of America as a client, has purchased his own mortgage banking firm.

Stearns Lending, one of the fastest growing servicers in the U.S., has hired a new manager to help it with servicing acquisitions.

Although Flagstar earned money on its mortgage business in the first quarter, its gain-on-sale margin took a major hit.

Residential lenders can rest easy: the GSEs aren't about to hike their net worth minimums. Also: the CFPB shows some love to banks.

Vericrest Financial is said to be the winning bidder on a $16 billion package of mortgage servicing rights. However, the company would not comment.

Although Rep. Hensarling rebuffed Cordray, the CFPB chief delivered the agency’s semi-annual report to the Senate Banking Committee Tuesday morning.

Obtaining approvals to become a GSE seller/servicer can cost you, but think of the money you can make from owning servicing rights.

Perhaps, the FHA Mutual Mortgage Insurance fund won't need a bailout after all: In 1Q delinquencies fell by just over 9 percent, according to exclusive figures compiled by Inside Mortgage Finance publications.