A spokesman for Stonegate Mortgage confirmed that Bolstad is no longer with the lender/servicer, but had little else to say on the matter.

The new Collingwood unit, however, will not be involved in the sale of mortgage servicing rights.

Bank of America isn't severing all its ties to realtors...

Stonegate Mortgage, Indianapolis, a publicly traded nonbank that recently underwent a management change, is considering takeover offers, according to industry advisors familiar with the situation. Although the company declined to comment, it appears that at the very least it’s considering selling some of its branches. At the same time, sources contend that certain branch managers are trying to cut separate deals with competitors. Firms looking to take over those branches include...

Sources have identified Caliber Home Loans and Skyline Lending as possible acquirers of branches.

The PSPA has been challenged in court by investors that are speculating in the common and preferred stock of the two GSEs.

Meanwhile, it would appear that the revolving door for mortgage CEOs might be taking another spin soon...

Sen. Corker, a Republican from Tennessee, no longer wants to kill Fannie and Freddie outright...

One mortgage manager, requesting anonymity, said, “We are about to initiate a scorecard now.”

The guidance doesn’t “tells us anything more than where we were an hour before this guidance came out," according to Michael Barone, a director of legal and regulatory compliance at Lenders Compliance Group.