“No matter what, it’s an enormous move,” said Mark Garland, president of MountainView Servicing Group, Denver.

The new FHFA IG report is heavily redacted…

RPM Mortgage, Alamo, CA, is in serious negotiations to buy at least two other mortgage banking firms – or their assets – and has its eye on at least one other shop, according to investment banking officials who claim to have knowledge of the situation. If the acquisitions come to fruition, they could put the privately held nonbank on track to be a $14 billion a year originator, said a source who advises the company. One of the target acquisitions is a $4 billion a year lender, the other a $650 million funder. A spokesman for RPM declined to comment. A few weeks back, RPM made...

CPR&T predicted that the asset value of Ocwen’s mortgage servicing portfolio likely won’t benefit much from the recent spike in interest rates…

Bose George, who follows PHH for Keefe, Bruyette & Woods, also used the phrase “liquidation” to describe the company’s sale of assets.

Oddly enough, the nonprime space showed some signs of life last year and hopes are high for 2017 as well…

Borrowers completing reverse-occupancy fraud aim to qualify for a mortgage with help from the theoretical rental income from the so-called investment property…

Cordray, of course, could just nip this in the bud right now, resign and start his run for governor of Ohio…

In addition to crowdfunded hard-money loans, Zeus offers traditional forward and reverse mortgages.

In 2016, Caliber issued three non-agency MBS deals that included prime-quality and jumbo loans, often made to borrowers described in ratings’ reports as consumers with “unblemished” credit.