“The NYDFS has taken cyber security to a whole new level," said one lender. "They are hammering everyone about the risk and heavy enforcement in examinations.” 

Redwood also revealed deferred stock units/awards to its five most senior executives. Abate will take home $1.875 million in DSUs, Robinson, $2.25 million.

The CMLA and the others stressed the commitment of FHFA and Treasury to housing-finance reform should be followed by urgent action.

However, two asset categories – business loans and consumer loans – saw substantially higher production in the fourth quarter...

Mortgages in the pending deal have seasoned for an average of more than four years. The collateral has no delinquencies...

A spokesperson for the SEC noted that while the Dodd-Frank Act requires publication of the report, there is actually no deadline for when the document has to be published.

“They’re buying loans, not originating,” said Gordon Albrecht, EVP of FCI Lender Services, the nation's largest hard-money subservicer.

Meanwhile, the fastest-growing cohort in bank retail lending were small institutions…

In case you’re keeping track, the Genworth-China Oceanwide deal has been delayed for the 13^th time…