Joe Anderson, who worked at Countrywide Financial Corp. for 17 years and then Nationstar, is considered the top candidate to get the CEO job at Vericrest Financial.

Stonegate Mortgage has launched a new jumbo conduit, hiring Eric Schlotz, a 15-year veteran from GMAC-RFC in Minneapolis, to manage the operation.

Three senators are pushing for 3 percent downpayment language on the QRM rule.

President Obama, during his State of the Union address, urged Congress to get the HARP 3.0 refinancing program off the ground.

Fannie Mae is working on a plan to sell billions of dollars of nonperforming loans in the second quarter.

Officially, the GSE net-worth minimum is set at $2.5 million, but some in the industry think it will double eventually.

The CFPB said mortgage lenders can ask the agency "important" interpretation questions on the many rules that it finalized this year.

Fortress Investment Group has raised $1.6 billion to buy mortgage assets, including servicing rights.

The CFPB has warned the mortgage banking industry that it should pay close attention to loss mitigation work when servicing rights are transferred.

FHA single-family production rose 22.3 percent in 2012, but another increase in the mortgage insurance premiums will likely accelerate the program’s three-year decline in market share.