The lender/servicer is expected to name a successor to Ashmore shortly…

When Codel was let go he forfeited restricted stock options…

Non-QMs account for the bulk of expanded-credit originations, with a 78.0 percent share…

Galante called for stronger capital reserves that could withstand the level of economic stress of the last recession.

The White House, though, expects English to show up for work Monday morning as deputy director – and not acting director.

Ginnie Mae has been without a permanent president for roughly 10 months now, but so far inves-tors don’t seem to be balking at buying agency MBS. But that doesn’t mean the market – as well as stakeholders – aren’t getting nervous about the situation.

The sale of mortgage banking franchises and asset-related acquisitions are gaining traction as the year draws to a close, but dealmakers aren’t expecting any blockbuster moves before yearend. According to interviews conducted by Inside Mortgage Finance with investment banking advi-sors, many lenders remain profitable and are enjoying a 2017 that turned out to be better than expected in terms of origination volume.

Qualified borrowers need not worry about repaying the closing-cost amount, Flagstar said...

When the Dow Jones corrects, rates will plunge. Right?

Industry observers contend Ocwen, another money-losing company, would love to find a merger partner, but must first resolve its regulatory problems…