Last October, HomeStreet cut 60 employees. In May, it put out for bid $5 billion of mortgage servicing rights….

When trouble hits, a mortgage lender has two main choices: sell the company’s assets or hand over the office keys to the landlord and tell your employees the ugly truth.

Aggressive nonbank lenders are willing to offer 100 to 200 basis points per loan…

Despite heralding the investment made by Thomas H. Lee Partners, Guaranteed Rate will not say how much the PE firm invested or how large of a stake it acquired…

Mark Stafford, managing director of MS Capital Advisors: “Margin compression is real and many companies lost money in the first quarter.”

Fannie Mae: “We expect this will prompt businesses to turn to cost-cutting..."

Mortgage brokers actually gained some share in the government market…

A 34-year veteran of the home lending industry, Goulding also worked for Wells Fargo Home Mortgage…

Banks have been reducing their servicing for others since late 2009…

With razor-thin production margins becoming the norm this year, some originators are thinking about, or moving ahead with plans to trim the compensation levels of their most valuable asset: loan officers.