Bright has been mentioned in housing and mortgage circles as a possible successor to FHFA Director Mel Watt.

When bonuses and benefits are factored in, Grimes says the pay disparity totals $100,000 per year...

Tough times? Might be time to eliminate the 401(k) match…

Grimes' resume also includes stints at Grant Thornton and Price Waterhouse Coopers...

It might be in Ditech’s best interest if Houlihan Lokey finds a buyer now while MSR values are still peaking…

California, the largest mortgage market in the U.S., appears to provide more than enough business for loan officers, according to a new Inside Mortgage Trends analysis that compares the number of registered and licensed LOs in each state to the volume of home loans and mortgage applications. [Includes one data chart.]

But we will remind readers that wholesalers refinancing clients (via a retail arm) originally brought to them by a broker is a decades-old complaint…

On July 23rd, Fannie announced Mayopoulos would depart as CEO before yearend. The heavily redacted FHFA IG report is dated July 26.

We know of one large subservicer that’s for sale (Ditech Financial), but a second processor may also be considering offers.

Mayopoulos didn’t even earn a performance bonus in 2017, despite a companywide pre-tax profit of $18.4 billion.