Ocwen Financial, which continues to work through an array of regulatory settlements, is shuttering its wholesale-broker division, a move that’s sparking speculation about its future as an originator. The strategy shift is curious on several fronts: the disclosure was buried at the bottom of a recent regulatory filing on state settlements; broker-wholesale production accounts for roughly half of the company’s originations; and management not too long ago expressed a desire to ...

The mortgage interest deduction, or MID, used to rank with apple pie and motherhood for real estate agents, mortgage lenders and homebuilders. But against the backdrop of an intense effort by Republicans to overhaul the tax code, some groups are showing more flexibility on the issue. Complicating matters is that neither the Trump administration nor key players on Capitol Hill have been explicit or consistent in what they want. The Mortgage Bankers Association wrote to the ...

The MI also terminated Jeff Tennyson as president of the unit. No replacement will be named, a spokeswoman told IMFnews.

Compared to the same period a year ago, residential loan production declined by 19.6 percent...

Might this suggest that g-fees charges could spike next year when zero hour comes?

Formed in 2014, LH originated $598 million in 2016, ranking 442nd overall, according to Home Mortgage Disclosure Act figures compiled by Inside Mortgage Finance.

PMP was founded by former Comptroller of the Currency Eugene Ludwig and mortgage industry veteran Bruce Witherell…

With fall-out spreading from the turmoil at Social Finance, investors might be thinking twice about so-called “fintech” firms...

Redwood’s Choice loan program allows for debt-to-income ratios of up to 49.9 percent while the limit for Select is 43.0 percent…

The disclosures aren’t entirely surprising given that PHH recently wrapped up a generous buyback offer…