The privately held Mortgage Master is on track to originate $5 billion this year, all of it through the retail channel.

One veteran mortgage trade group official, a staunch Republican no less, told us that Lawsky is an “honest and bright guy,” adding that he understands the issues.

Once word leaks out that a mortgage company is a takeover target, many LOs start weighing their options, contacting competitors who tried to recruit them in the past.

When rates take a noticeable dive – as they have the past few weeks – mortgage lenders contemplating a sale sometimes have a change of heart, opting to ride the new production wave. But this time around, that doesn’t appear to be the case. “Most every lender I speak to understands this to be a very temporary event prior to a relatively cold and uncertain winter,” said M&A advisor Rick Roque of Menlo Company. Over the past two months, Inside Mortgage Finance has found 10 publicly announced M&A transactions with several more likely signed that weren’t disclosed. Roque, who’s working on several deals, said...

The SIGTARP said that since the beginning of 2013 it has received complaints from “nearly 100” borrowers regarding issues with servicing transfers, and that 84 of the calls came in 2014.

Guild's McGarry also said the company will not be closing on any more transactions in 2014.

Pacific Union Financial took in $100 million of profits. It’s not every day that a privately held nonbank tells the world what it’s earning…

Is the investment banking arm of JPMorgan Chase sniffing around the non-QM space? It sounds crazy, we know...

For a bond investor such as PIMCO, the attraction should not come as a total surprise.

As part of the transaction, company founder and president Steven Horne will step down as president and chief executive officer, but will remain as a senior advisor.