Blackstone, without fanfare, purchased Gateway Funding in Horsham, PA. More deals are in the works...

Nationstar will take title to $6.7 billion of Fannie Mae, Freddie Mac and private investor product owned by EverBank...

More than half of Flagstar's servicing portfolio consists of subservicing contracts.

HomeStreet funded $1.61 billion of new originations in the first quarter of 2015, a 21 percent improvement from the previous quarter.

Recruiter Rick Glass said the thirst to hire high-caliber mortgage COOs is coming from lenders that “want to move to the next level.”

Many lenders reported the pleasant confluence of rising origination volume and stronger gain-on-sale margins.

Underwriting overlays established by lenders also will limit some potential borrowers from purchasing homes in the coming years.

Mortgage servicers will be subject to stronger quarterly reporting requirements, including tougher penalties for non-compliance.

The bid deadline is May 12 and according to Prestwick, the seller wants to “start deliveries as soon as possible.”

Two new reports from Fitch Ratings, taken together, indicate a modest weakening in the collateral backing U.S. auto ABS deals is continuing, with perhaps a temporary reprieve thanks to short-term cash flow positives for consumers, mostly tax refunds and lower gasoline prices. Still, the overall outlook is positive. U.S. prime auto ABS collateral has been marginally weakening in the last few years, most recently because of amped-up competition among auto finance companies, Fitch said in a report out this week, based on transactions issued between 2007 and fourth-quarter 2014. “The quality of prime auto loan securitized pools was...