Varde partnered with Deephaven in 2014 to help fuel the lender's origination of non-QM loans. Pretium is a signficant player in the single-family rental market. Last fall the firm agreed to buy specialty servicer Selene Holdings from Lew Ranieri and his partners.

MIAC has established a bid deadline of June 18…

The CFPB said the practice was not limited to a specific location, loan officer or time period...

Freddie CEO Don Layton: "People tell me, ‘Well, let’s have a common AUS that everyone can use.’ My only data point on that is that to have a common system on the backend for the security (UMBS) took seven years and $2 billion to build…”

Will institutional investors like Berkshire Hathaway line up to buy a new class of stock issued by Fannie Mae and Freddie Mac? We may know soon... 

Mark Garland, executive vice president of MountainView Financial Solutions, is a firm believer that interest rates will stop declining at some point and the MSR sales machine will pick up a head of steam.

The Community Mortgage Lenders of America released a clarification about a meeting with officials from the Department of Housing and Urban Development and Ginnie Mae. Scott Olson, executive director of the Community Home Lenders Association, stressed that the trade group didn’t make the statements that were attributed to CHLA in the initial release by CMLA or in the subsequent reporting by IMFnews.