Company CEO Mat Ishbia noted that the privately held company plans to continue a “strong pace” of hiring at the beginning of 2016.

Collingwood's latest hire is Paul Mullins, former senior vice president of single-family lending for Freddie Mac.

Besides being in charge of retail and correspondent lending, DeVito will oversee sales, operations, quality control, compliance, underwriting and support services.

Of course, there is a way to avoid the zero capital cushion dilemma. Congress can pass legislation to allow the GSEs to build capital or FHFA can act...

In a recent SEC filing Two Harbors noted that after the second quarter ended it bought $4.7 billion of Fannie Mae servicing rights from an undisclosed seller.

Glass told IMFnews that he has seen a noticeable uptick in searches for what he calls “senior leadership” positions...

Pershing Square and Perry Capital began loading up on GSE “junior” preferred two years ago, but not because they thought it was a great investment...

In a statement, Stonegate said Cutillo will be “redirecting” his “entrepreneurial energy on a new endeavor going forward.”

The resignation of Stonegate Mortgage CEO Jim Cutillo didn’t do much for the stock price of the company Monday.

What do nonbanks think about depositories avoiding the wholesale/broker sector? They love it.