HPS named Kyle Gunderlock, CSC’s president and chief operating officer, to succeed Perl as CEO.

The new MSR offering from MorVest is top-heavy in California product...

The Community Home Lenders Association called on the White House to end the government mortgage insurer’s life of loan premium policy.

Moreover, the REIT has already inked deals to buy another $40.0 billion, transactions that are expected to close by March 31. 

“The next major milestone for FHFA is the re-proposal of the capital rule, which will happen in the near future,” said FHFA Director Calabria.

One advisor noted in an email exchange: “The market thinks the deal is just waiting on NYS. You know how that goes: S-L-O-W.”

In December, Mr. Cooper reported that pre-tax profit margins on originations fell to 1.1% in October and November from 1.3% in the third quarter.

Flagstar also revealed $4.9 billion of "flow” servicing sales during 4Q19...

Lakeview booked $7.85 billion in bulk Ginnie MSR transfers during the fourth quarter. The biggest chunk, $3.40 billion, came from United Shore Financial Services, the parent of United Wholesale Mortgage, the nation’s fifth largest home lender.

According to market observers, People's United is committed to agency and government-related warehouse finance and was happy to find a home for ResX and its six or so employees.