Donatacci helped steer Clayton from survival mode during the financial crisis to solid profitability before the due diligence vendor was sold to Radian Group for $305 million in 2014.

A few months back, rumors began circulating that ACMI was contemplating taking bids on its servicing business.

If Citadel can hit the $1 billion mark it would be a significant achievement in the “new,” post-crash nonprime market.

In January, Birch Run reported a 17.8 percent ownership stake in Walter, but has since increased it to 19.8 percent.

At the end of fiscal year 2015 the two GSEs had combined REO holdings of 78,738 units, a 36 percent decline from the prior year…

Impac’s initial foray into non-QM production was sourced mostly through the wholesale channel.

The number of young vets has risen while the 35- to 64-year-old bucket has shrunk...

Some believe the FHA MMIF minimum capital standard should be 4.5 percent, not 2.0 percent.

Jumbo mortgages have provided commercial banks and thrifts with good profits margins. Of course, it helps that deposit rates are almost non-existent.

Mortgage lenders are more willing to expand the credit box for FHA borrowers, but they appear to be getting more cautious about FHA lending, according to a new Inside FHA/VA Lending analysis of Ginnie Mae mortgage-backed securities data. Over two thirds of FHA loans securitized in the first nine months of 2015 had credit scores below 700, and 6.2 percent of them had scores of 620 or lower. By comparison, 47.0 percent of VA loans were below 700 and just 4.4 percent were in the lowest category. But FHA lenders became more cautious as the year wore on. In the first quarter, 6.8 percent of FHA loans had scores of 620 or lower. That fell to just 6.0 percent in the third quarter. The FHA purchase-mortgage sector skews even further away from the riskiest borrowers and toward safer ground. The share of FHA purchase loans with scores of 620 or lower fell from 5.8 percent in the first ... [ 2 charts ]