Brokers saw the biggest increase in FHA business, with volume up 14.5 percent…

Industry consultants contend that loanDepot – the nation’s 10th largest overall originator – still hopes to go public one of these days…

Citadel Servicing Corp., Irvine, CA, is also looking for a correspondent sales rep for the East Coast...

PHH said it settled the cases without admitting liability “to avoid the distraction and expense of potential litigation.”

According to Casey Crawford the recapitalized depository will focus on “loving and serving people.”

Advisory firm Mortgage Banking Solutions, Austin, TX, is working on three mortgage-related acquisitions...

Lee Smith, an executive vice president and COO at Flagstar, said the bank’s jumbo originations were bolstered by the acquisition of Opes Advisors…

Homes located near a Trader Joe’s location had an average 5-year appreciation of 67 percent…

Two high-profile real estate investment trusts – Annaly Capital Management and New Residential Investment Corp. – appear to be refining their investment strategies these days, heading in different directions in terms of what asset classes they prefer. New Residential is continuing to make huge bets on mortgage servicing rights. According to its just-released earnings statement, the investor is showing no reluctance whatsoever when it comes to size. A new tally from Inside Mortgage Finance shows that New Residential ended the second quarter with $353.0 billion of “full servicing” rights in its possession, up 40.1 percent from March 31. A year ago, the REIT wasn’t...

Ginnie Mae this week announced that processing and issuance of its Platinum MBS are now fully automated – a key step in modernizing the agency’s aging technology and infrastructure. Automated processing will allow current issuers to increase their Platinum volumes as well as potentially draw new issuers into the program, the agency said. Under Ginnie’s Multiclass Securities Program, participating issuers may pool MBS into a single Platinum trust, which issues securities based on the pool. Automation went...