Is BlackRock up to something regarding its investment in Redwood Trust?

David Schneider, CEO of Vericrest Financial, a fast growing servicer that is rumored to be a bidder on Ally Financial’s $122 billion of mortgage servicing rights, has left the company, sources familiar with the situation told Inside Mortgage Finance. Schneider could not be reached for comment at deadline. A spokeswoman for the company would not comment on the situation but would not deny his departure either. Schneider has been building bridges in the servicing community…

The Federal Financial institutions Examination Council is taking a close look at social media and the risks it poses to financial institutions, including mortgage lenders.

The Federal Housing Finance Agency is concerned about large scale transfers of mortgage servicing rights.

Massachusetts will not join other states in the Justice Department’s lawsuit against Standard & Poor’s, but instead will conduct its own fraud probe tied to CDO ratings.

Fannie Mae and Freddie Mac's share of purchase-mortgage originations has increased each of the last two years, according to a new analysis by Inside Mortgage Trends.

Nationstar sets a target goal of amassing $500 billion of mortgage servicing rights.

Mortgage REIT Two Harbors continues to work away at a potential jumbo MBS deal.

Residential mortgages sourced through the correspondent channel and sold to Fannie Mae and Freddie Mac increased by 26 percent in 2012 compared to the year before.

Morgan Stanley recently increased its ownership stake in Fortress which in turn controls a large block of Nationstar stock.