"Many servicing functions resemble the assembly line processes used in auto manufacturing," said a new report from Freddie Mac.

In a statement, officials at TD Bank said the new hires will focus on originations in the Northeast.

However, 40 percent of those lenders who do not offer a mobile app plan to make one available over the next 12 months.

In the same blog post, Hsieh – who did not talk to the press about the scuttled IPO – described loanDepot as a “unicorn startup,” calling it “one of the very few success stories not from Silicon Valley.

Quite a few executives believe the central bank should move forward with a “one and done” strategy and be done with it...

Donatacci helped steer Clayton from survival mode during the financial crisis to solid profitability before the due diligence vendor was sold to Radian Group for $305 million in 2014.

Mortgage executives have much to worry about these days: TRID, declining loan volumes and marketing services agreements, a new survey found.

In a past audit, the OIG criticized the FHFA for lacking a “sufficient number of examiners.” In the new budget, the FHFA plans to increase its examinations head count to 275 from 248 in FY 2015.

At the end of fiscal year 2015 the two GSEs had combined REO holdings of 78,738 units, a 36 percent decline from the prior year…

Although the home foreclosure inventory is falling compared to a year ago, some metropolitan areas are seeing an increase in new filings, including Atlantic City.