In total, the Baker Street hedge fund now controls 8.4 million shares of Walter Investment Management, the parent company of Green Tree Servicing.

According to figures compiled by Inside Mortgage Finance, the privately held Prospect ranks 34th among all residential lenders.

VA jumbo originations outpaced FHA jumbo production, which totaled $2.8 billion in the first quarter, up 17.0 percent from the prior quarter.

Why do loan turn times – application to closing – vary so much?

Former Goldman Sachs officials sure like the nonprime mortgage space. (It's all about yield.)

Pete Mills, SVP for residential policy at the Mortgage Bankers Association, said there are a few issues not covered by the bureau’s delay. “What about state regulators?" he asked. "Are they going to be bound, are they under that same understanding as the bureau?”

The eight banks tracked by the OCC’s Mortgage Metrics report – including Wells Fargo and JPMorgan Chase – completed 7,571 principal reduction mods in the first quarter...

If a borrower becomes disabled and then involuntary unemployed, homeowners can piggyback one benefit onto the other, according to Arenz.

But don’t count out depositories quite yet: Banks and thrifts still play the biggest role in the top 100, even if it’s shrinking.

Although the big three rating agencies have had a strong hold on rating commercial MBS for most institutional investors, the tides may be changing as bond buyers begin to relax their guidelines. Some of the largest bond buyers have been vocalizing frustration that the big three ratings firms, Moody’s Investors Service, Standard & Poors and Fitch Ratings, are being hired less, resulting in fewer bond offerings to choose from, according to a recent Bloomberg article. That’s good news for smaller ratings agencies like Kroll Bond and Morningstar. “We have proven...