Recently, KBW hired Wall Street veteran Brian Wornow as managing director in charge of its financial services group...

Caliber Home Loans, Dallas, this week agreed to buy most of Banc of California’s mortgage operations, the nonbank’s second acquisition of the past seven months, and a possible harbinger of more activity to come. Mortgage M&A consultant Chuck Klein of Mortgage Banking Solutions said his advisory firm is now involved in at least six different deals. Rick Roque of Menlo Financial predicted that by the time this deal-cycle plays out, 20 percent of nonbanks could disappear via a purchase of one sort or another. Klein recently attended...

SFIG Executive Director Richard Johns suggested that instead of removing requirements for risk-retention, policymakers could provide capital relief for issuers that retain risk on their securities, rewarding “good behavior.”

Altisource Residential said its goal is to build a large portfolio of SFRs “targeted to operate at a best-in-class yield.”

How much do LOs working at call centers earn per deal? We heard that some shops pay as little as 15 to 25 basis points...

In late January, Steven Sugarman, who built the bank into a well-regarded regional lender, resigned as CEO.

Fannie Mae cut its portfolio of Fannie MBS by 42.9 percent last year...

The number of mortgage-related examinations by the CFPB declined in most areas with one glaring exception: nonbank residential originators…

However, GSE reform will require a bipartisan effort and already other priorities are developing…

PHH argues the plaintiffs lack legal standing to intervene, their motion is “inexcusably untimely,” and it fails to satisfy the requirements for intervention.