The FHFA was created in part because its predecessor, the Office of Federal Housing Enterprise Oversight, was widely seen as lacking enough independence to adequately oversee the GSEs...

Mark Filler, CEO of “fix and flip” lender Finance of America Commercial, Chicago, has parted ways with the company two months after its parent company bought his firm, Jordan Capital, and merged it with another lender in the space. According to sources close to Filler, his departure came as a surprise. When the deal was first struck in February, Filler was put in charge of FOAC, which combined Jordan with B2R Finance. When the merger was announced, Filler looked...

The two top executives at Impac Mortgage Holdings took home a combined $13.22 million in pay last year...

Denmar Dixon, who stepped down as CEO of Walter Investment Management Corp. last year, received $6.62 million in total compensation for 2016 while the company posted a net loss of $529 million.

If Mr. Cooper was the first choice, what were the others?

At this pace, you can expect that by yearend New Rez will be the nation’s second largest servicer, at least in terms of ownership rights…

Sources told IMFnews that the CFPB was seeking a settlement in the range of $50 million from the servicer...

In general, 2016 was a banner year for loan production with some publicly traded nonbanks turning in their best results ever – and thus rewarding their top executives handsomely. According to an analysis of available proxy statements by Inside Mortgage Finance, Penny Mac Financial Servicers founder and Executive Chairman Stanford Kurland was the industry’s top earner at $9.12 million in 2016. His firm – the nation’s number-four ranked originator – had a good year: net income of $336 million, a 26.0 percent improvement from the year before. Back in 2015, Kurland took...[Includes one data table]

PHH Corp. releases its first quarter results the second week of May.

Is the White House pondering HUD-related nominations?