The Blackstone Group is on the hunt to buy mortgage companies, including both lenders and servicers, according to industry advisors and others who have been briefed on the company’s plans. Blackstone, without disclosure, recently purchased Gateway Funding in Horsham, PA, and is in negotiations to buy PMAC Lending Services, sources contend. It also is talking to a company that goes by the name of Pinnacle, though there are several firms with that name, and at press time it was unclear which one. Observers describe...

This is Freddie Mac’s fourth NPL auction of 2015. As for Fannie Mae...

Among the standouts in nonbank MSR growth: Seneca Mortgage, Pingora and RoundPoint...

Among other issues, the SIGTARP cited Green Tree's recent $63 million servicing settlement with the CFPB and Federal Trade Commission.

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.