But if you think that Wells Fargo will pull a “BofA” and quietly downshift its presence in mortgages, think again.

DOJ notes that although the lender’s internal quality control reviews “showed severe problems with FHA insured mortgages, USFS routinely failed to provide any meaningful information to senior management…”

Tim Howard, a former Fannie Mae CFO, called Mnuchin’s comments “a welcome reset…”

The leading cause of adverse findings was incomplete or missing loan documents...

New Residential is entitled to a $10 million termination fee if the sale falls apart...

Instead, the FHFA only disclosed specific CSP cost data once – in a September 2015 status report…

The claims relating to the servicing settlement were dismissed with prejudice, which means Schneider cannot bring them again.

The Mortgage Center, a West Virginia-based loan brokerage firm managed by Marc Savitt, plans to open new offices in Florida and New Mexico early next year…

Subprime MBS cases continue to haunt Wall Street…

If Trump wants to get rid of Cordray, he will have to fire him “for cause,” says Cowen analyst Jaret Seiberg.