CRT Capital Group has begun winding down its mortgage research division, Sterne Agee CRT, casting a shadow over publicly traded residential stocks and dashing the hopes of any nonbanks that were hoping to pull off an initial public offering this year. As one equities researcher told Inside Mortgage Finance this week: “It’s not fun being a stock analyst these days.” And commenting on the recent – and unexpected – drop in rates, he added: “Some of these firms may get smoked.” Four years ago, Sterne Agee was...

Fifth Third Bank ranked second in repurchases in the call-report data with $93.9 million…

In the end, the court blamed NAMC, the firm buying the mortgages from GFS on a correspondent basis…

Consultant Dave Lykken said a worst-case scenario is that some mortgage companies could even fail…

A few weeks back, Walter Investment CEO and vice chairman Denmark Dixon resigned, but was given a $2.25 million cash payment as part of a separation agreement from the company.

Actual repurchases or replacements were substantially below the $541.8 million in buyback requests that were withdrawn by the GSEs during the first quarter…

The Congressman noted that outside of a study done in 2011, the administration has had little engagement with Congress on a path toward ending the conservatorships, which are almost eight years old...

Okay, so the yield on the 10-year Treasury has fallen, but mortgage bankers have yet to slash their rates…

The CEO of United Wholesale Mortgage is projecting that in June the lender could fund $1.9 billion, which would be the firm’s best month ever…

Ginnie Mae officials believe it is becoming increasingly important that nonbank mortgage servicers find new sources of capital...