Meanwhile, lenders are swamped these days with new business but are they prepared (staffing wise) to handle the volume?

Generally, it’s a bullish sign when executives purchase shares of their companies in the open market, especially if they’re paying cash as opposed to buying on margin.

PIMCO owns at least one mortgage company, First Guaranty Mortgage Corp., in Tysons Corner, VA. Earlier this year, FGMC launched a non-QM brand called Maverick…

Ackerman is receiving a lucrative retirement package, including $20,000 to cover out-of-pocket expenses in connection with striking the deal…

Ocwen’s Liberty Home Equity Solutions recently launched a non-agency reverse mortgage product. The EquityIQ loan allows borrowers to access up to $4 million in up-front cash...

Quicken Loans, the nation’s largest direct lender, told IMT the firm currently has 1,300 job openings “with positions available in many areas, including mortgage banking and technology.”

Big changes coming to the FHA condo market? Look for a big announcement on Wednesday...

Francois Grunenwald, Ocwen's new SVP and CAO, is a graduate of the University of Paris. His signing bonus (just for taking the job) is $100,000. He joins the nation’s 12^th largest servicer from PricewaterhouseCoopers…

Roughly four years ago, Ocwen Financial employed 10,500 workers worldwide. The firm's headcount is down dramatically since then...