Back in June, Wells trimmed 400 mortgage jobs, including 63 mortgage workers in Frederick, MD.

A new poll being conducted by Inside Mortgage Finance/IMFnews shows that 47 percent of lenders are contemplating originating non-QM mortgages in 2019...

Ditech said the company is in talks with “certain” corporate debt holders regarding another possible "court supervised" Chapter 11 process...

If you haven’t heard of Andrew Olmem before, it’s because he tends to keep a low profile.

Although Impac Mortgage Holdings lost $142.8 million over the past two quarters, company management continues to be bullish on its future, laying the groundwork for a further expansion into the non-qualified loan market.

The delinquency rate on mortgages increased significantly in the third quarter of 2018 compared with the previous period, according to Inside Mortgage Finance’s Large Servicer Delinquency Index. Industry analysts suggest that the rise was largely related to seasonal factors. [Includes one data chart.]

The megabank currently employs 27,000 mortgage-related workers or what it calls “team members.”

Ocwen Financial has not been a model of prosperity...

The groups expressed their view that Kraninger has the ability to lead and manage the CFPB and protect the financial interest of consumers.

MBA’s Pete Mills noted that IMBs of all sizes from small to large are examined each year…