Angel Oak and Citadel continue to hire while the megabanks are cutting back...

HSBC will pay $765 million to settle charges brought by the Department of Justice...

Despite the good news, DBRS said if the economic environment becomes more distressed, some non-QM borrowers may come under pressure…

The new interim CEO was an EVP at PNC Financial where he led the real estate division and was a founding partner and managing director of BlackRock...

Meanwhile, the largest potential deals looming over the market continue to be Ditech Financial and loanDepot…

The House bill is currently at the Senate desk, awaiting nods from Senate Banking Committee Chairman Mike Crapo, and Ranking Minority Member Sherrod Brown…

Analyst Henry Coffey: “It is worth noting, given expected home price appreciation, that a flat mortgage market should translate into a 4 percent or greater decline in actual mortgage unit count.”

Fix-and-flip lender LendingHome, San Francisco, has surpassed the $3 billion market in originations...

A handful of lenders offer one-month bank statement programs…

With originations expected to fall, lenders of all different stripes are carefully examining their staffing needs…