Sen. Richard Shelby, R-AL, agreed with Warren’s criticism of the government’s failure to prosecute individual bankers, but he faulted the Department of Justice, not financial regulators...

"Wellington's going to do what Wellington's going to do," said one observer of the stock sale.

One observer familiar with Stegman’s remarks said, “I think it’s clear that he likes what Redwood is doing in the system.”

As reported by IMFnews, 18 current members are affected by the proposed ban on captives, seven of which are mortgage real estate investment trusts.

Roughly 25 percent of lenders said they hope to enter the home equity lending market over the next 12 months.

Bank of America was once again the buyback king at the midway point in 2014.

The CFPB also is working with other regulators to help ensure consistency in their examinations of mortgage lenders...

One question we occasionally hear is this one: If the GOP this fall gains control of the Senate can’t they just push through a GSE reform bill and hope to override a presidential veto, if there is one?

CitiMortgage performed the worst on the assessment of non-agency HAMP activity for the second quarter of 2014, with the Treasury claiming that the servicer needs to make substantial improvements.

MBA's Gross noted that the cost of changing external auditors is “significant,” both for large and small seller/servicers, whether they are public or not.