One source close to Wingspan told IMFnews that many executives have been let go, including marketing director Guy Davies.

A few years back, one investor in nonperforming loans told us that when he couldn’t find a delinquent borrower he turned to the Internet, namely Facebook...

Over the past seven months, Freedom Mortgage has added 700 to 800 new employees to promote and originate VA and FHA loans.

MIAC also sells mortgage servicing portfolios, though that’s considered to be a small part of their business.

The recent departures at Nationstar began in May when the company revealed that Executive Vice President and Chief Strategy Officer David Hisey would leave the lender/servicer in mid-June.

Housing markets in North Dakota and Texas are looking a bit risky these days, according to the Arch MI Risk Index model.

FUN FACT: PIMCO owns almost 12 percent of PHH Corp., the parent of the nation's ninth largest residential servicer.

The jobs that seem to be the least in demand include technology support (4 percent) and secondary marketing positions.

We’re told a sale contract could be signed any day now, but as far as a public announcement is concerned, it may not happen right away…

Potential homeowners may be talking themselves out of the American dream, according to several recent surveys that show consumers underestimate their ability to get a mortgage. A Genworth survey of more than 100 lending executives found that 66 percent said eligible borrowers mistakenly think they don’t qualify for a mortgage. In a similar survey on consumer’s views on homeownership, Wells Fargo reported...