Freddie CEO Don Layton noted that, “G-fees now account for more than 40 percent of income and is becoming a growing revenue source.”

Whether they like it or not, certain cranky old LOs might have to accept that the younger generation is becoming more involved in the mortgage transaction.

PIMCO stressed that the “Wells Notice” is neither a formal allegation of wrongdoing nor a finding that any law was violated.

Blackstone has bought at least one nonbank the past year and is eyeing several other acquisitions but has offered no commentary on its plans...

Lenders One, by the way, is looking for a new CEO. Its former chief executive, Jeff McGuiness, left back in June...

At the midway point of 2015, the group’s $8.061 billion in year-to-date mortgage-banking income was up 15.1 percent from the first six months of 2014.

Company CEO Dan Perl said the privately held nonbank has been receiving several applications for loan amounts ranging from $2.1 million to $2.7 million...

Clayton Holdings noted that 75.9 percent of the mortgages were originated via the retail channel with the balance coming through loan brokers.

But only 33.0 percent of California mortgages had primary MI coverage, compared to 46.6 percent for the nation as a whole.

Greystone Servicing Corp. originated all of the 44 notes in the deal.