The CPFB it will continue to work with institutions to support implementation of its mortgage rules and “begin to assess the effectiveness of significant rules.”

The GSEs will publicly release their non-performing loan sales data for the first time, conclude their assessment of various credit scoring models and the FHFA will issue a request for input on front-end credit risk transfer transactions.

Fannie Mae found that lenders’ profit margin outlook fell steadily throughout 2015 after peaking in the first quarter, even with a strong job market and low interest rates.

Not only his Beltzman chairman, but his fund owns 19.8 percent of Walter...

Stonegate met its expense reduction goals by discontinuing select operations and shuttering branches...

Stock analysts continue to ponder the future of Ocwen Financial...

Bond investing giant Pacific Investment Management Co. once again has its ears open for potential acquisitions in the residential finance space, including mortgage franchises or “assets,” according to investment bankers and sources close to the company. These officials, who spoke under the condition their names not be used, identified a handful of acquisitions that have been presented to PIMCO, including a nonbank based in the Charlotte, NC, area. As Inside Mortgage Finance went to press this week PIMCO – and the target acquisition – could not be reached for comment. As a technical matter, the investments are being made...

The House Financial Services Committee this week passed the “SAFE Transitional Licensing Act,” H.R. 2121, which creates a 120-day grace period to let licensed mortgage originators continue originating loans after they leave a federally-insured institution and go to work for a nonbank. The bill was introduced by Rep. Steve Stivers, R-OH, in April 2015 to amend the 2008 Secure and Fair Enforcement for Mortgage Licensing Act. It would give loan originators who work for depository institutions and do not have to be licensed time to meet the licensing requirements that nonbank LOs have. Currently, bank LOs are registered...

But the news wasn't all good: After peaking at $280 billion in the third quarter of 2015 – an eight-year high – purchase-mortgage originations tumbled 25 percent in 4Q...

At the March 2 HFSC mark-up, Rep. Stivers said H.R. 2121 will make sure that loan officers are able to move between jobs with a minimal amount of disruption.