Now that Carson is official, it's time to pick an FHA commissioner...

Caliber Home Loans, Dallas, this week agreed to buy most of Banc of California’s mortgage operations, the nonbank’s second acquisition of the past seven months, and a possible harbinger of more activity to come. Mortgage M&A consultant Chuck Klein of Mortgage Banking Solutions said his advisory firm is now involved in at least six different deals. Rick Roque of Menlo Financial predicted that by the time this deal-cycle plays out, 20 percent of nonbanks could disappear via a purchase of one sort or another. Klein recently attended...

How much do LOs working at call centers earn per deal? We heard that some shops pay as little as 15 to 25 basis points...

In late January, Steven Sugarman, who built the bank into a well-regarded regional lender, resigned as CEO.

As one executive put it: “January was slow, February was lower, and I can’t tell how March will be yet.”

Then again, Trump has been known to surprise people.

The disclosure comes on the heels of a recent legal settlement in California that paves the way for Ocwen to buy servicing rights once again...

No details were available on why Dave Hurt parted ways with CoreLogic...

“If Cordray were engaged in malfeasance, inefficiency or neglect of duty, don’t you think the Obama administration would have done something about that?” asked one legal scholar.

One former Fannie Mae official told us that stellar profits posted by the two are “just about done.”