Bill King joined Carrington 18 months ago, but recently departed the firm, which is owned by a hedge fund.

Is the mortgage servicing sales market beginning to slow? Not in the least. Nationstar and Walter are active buyers.

Ellie Mae has annualized revenues of roughly $130 million. The company went public two years ago.

Inside Mortgage Finance is hearing rumblings about a mid-sized nonbank that was contemplating an initial public offering pulling the deal.

A new type of subprime lending may be emerging and Ocwen Financial hopes to be a trailblazer.

The Consumer Financial Protection Bureau, which inherited RESPA enforcement from HUD, has been leaning on this test in such enforcement actions of its own.

The HUD NPL auction features 5,000 delinquent single-family loans totaling $1 billion in unpaid principal balances with representations and warranties.

Impac Mortgage released a statement on the sale of a servicing affiliate, but was light on details, including the identity of the buyer.

Bill Dallas sees NewLeaf table funding a huge amount of mortgages through brokers next year.

In other subprime news, industry veteran Jon Daurio was recently in New York talking to potential investors about his new nonbank venture, Nikkael Capital Corp.