MountainView did not identify the company selling the servicing rights except to say it is a “well capitalized servicer.”

Are recent graduates of business schools avoiding the mortgage industry?

Who knows, maybe Mel Watt will allow Fannie and Freddie to build retained earnings. (Don’t bet on it, but it’s an issue worth debating.)

According to Rick Roque, who heads MenloGlobal, “for the most part, executive level opportunities are stagnant, unless production comes with it."

Rep. Scott Garrett, R-NJ, is concerned that Fannie and Freddie have resumed lobbying, at least in subtle ways.

The share of lenders reporting a decreased profit margin outlook over the next three months appears to have remained relatively stable.

The category of “incorrect information” continues to make up the lion’s share of the complaints, ICFPB found.

Okay, so maybe the reintroduction of 97 percent LTV loans is not a game-changer...

The CMC believes that servicers should not be required to verify flood insurance coverage on existing loans when the escrow option becomes effective.

Some banks pay between 50 and 80 basis points per loan. At the top end of the market are loan officers who earn between 150 and 200 basis points per transaction.