One mortgage insurance official who used Promontory Financial Group in the past described the firm’s work as “excellent,” but noted: “They don’t come cheap.”

Based on past production trends of the seller, 52 percent of the loans originated will come through the correspondent channel.

The MSR package has a heavy West Coast concentration, MIAC said.

In its thirst to expand further into financial services, IBM recently agreed to buy blue-chip advisory firm Promontory Financial Group, but there are two units that “Big Blue” won’t be getting: Promontory MortgagePath LLC and Promontory Interfinancial. According to industry officials, both units will continue to be owned (at least in part) by PFG founder Eugene Ludwig, the former Comptroller of the Currency who started the firm in 2001. Promontory Interfinancial is considered...

Is Caliber once again dancing with PHH?

Through the first six months of 2016, $78.5 billion in bulk rights have changed hands, compared to $253.1 billion in 2015…

PHH also wants certain information kept confidential...

In the mortgage M&A space, there continues to be a disconnect between buyers and sellers…

Some good news: at least Wells Fargo's share price is not in Ocwen territory...

Ginnie Mae wants to make sure that issuers are not selling all their good loans and retaining the potential dregs…