It's unclear how the Indianapolis-based Stonegate will compensate for the anticipated loss in originations once it closes the 47 branches.

Over the past 12 months, Florida had the highest number of completed foreclosures at 91,000.

The last nonbank mortgage lender to go public was Stonegate Mortgage, which brought its IPO to market two years ago.

Although the home foreclosure inventory is falling compared to a year ago, some metropolitan areas are seeing an increase in new filings, including Atlantic City.

On Thursday, Inside Mortgage Finance quoted one source as saying loanDepot’s valuation is “a bit aggressive.”

Mortgage lenders now have to be careful about how they draft an MSA, even if the industry’s preexisting forms are mostly similar from one law firm to another.

Fannie and Freddie passed through of $661 million of g-fee money in the third quarter, up 4.6 percent from 2Q...

Meanwhile, mortgage servicing values have firmed up the past month, thanks to the recent rise in interest rates...

One of the new model reps addresses the Consumer Financial Protection Bureau’s ability to repay rule and standards for qualified mortgages.

The goal of the program is to help stabilize neighborhoods that were hardest hit by the real estate downturn by letting local community organizations review and purchase foreclosed properties first.