Among those nonbanks not losing too much sleep over the FHFA proposal is Nationstar Mortgage.

Jay Bray, Nationstar’s current CEO, will assume the role of president effective June 1.

Although the FHA has been losing ground for several years to the private MIs, the program saw a surge in refis in March...

In a recent 10-K filing Ocwen disclosed that on April 30, 2015 it announced agreements with the GSEs to sell portfolios of non-performing loan servicing rights.

Watt said GSE pay should be brought more in line with comparable private sector jobs, but no higher than what CEOs in the 25th percentile of the market make, which is roughly $7.26 million a year.

Financial consultant Paul Hindman, however, is concerned about such bonuses...

Plenty of attendees at NAR were steamed that after CFPB Director Richard Cordray made his remarks about TRID that he left the meeting without taking a single question from the audience.

Last year loanDepot bought Mortgage Master, Walpole, MA, one of the largest home lenders in New England.

Fidelity, a market leader in title insurance, has a market capitalization rate of $10.6 billion and is headed by William Foley, age 70, who has a history of spinning off companies.

Many shops continue to recruit for LOs but with the caveat they have strong ties to Realtors and homebuilders.