Then again, the concept remains untested. Letting nonbanks join the FHLB system was an idea recently floated by Federal Housing Finance Agency Director Mark Calabria…

Prior to joining Flagstar, Neufeld spent more than five years as SVP and treasurer of Mr. Cooper, where he managed the nonbank’s warehouse lines and was responsible for oversight of all treasury functions…

Eli Global (Global Growth) owner Greg Lindberg entered a not guilty plea in the case and just last week filed a motion to dismiss.

Flagstar estimates it will recover about $1 million of the cost in the third quarter while it continues to pursue other legal remedies tied to Live Well...

One source said a $30 billion bulk servicing portfolio went out for bid but was unclear whether the receivables actually traded...

Bob Garrett, executive vice president in charge of warehouse finance at First Tennessee Bank, said he’s seen some competitors that are so overwhelmed with demand they’re turning away business.

The big question: What happens when this refi boom ends? Is it too early to ask?

Charges also were filed against former Live Well executives Eric Rohr and Darren Stumberger who entered a guilty plea in the case late last week and are now cooperating with investigators.

Ackerman is receiving a lucrative retirement package, including $20,000 to cover out-of-pocket expenses in connection with striking the deal…

Ocwen’s Liberty Home Equity Solutions recently launched a non-agency reverse mortgage product. The EquityIQ loan allows borrowers to access up to $4 million in up-front cash...