A year ago, most mortgage workers could name their price and be compensated at levels never experienced before. And today? It’s a whole different world, with lenders lopping off hundreds, if not thousands of jobs.

There’s not much left at non-agency lender Sprout Mortgage but there are plenty of rumors, none of them good. Meanwhile, mortgage fintech Better.com has been adding senior managers.

CEO Cal Haupt says his employees are family, "Not the media version stated by others."

Some Sprout veterans may not realize it, but this is not Strauss’ first mortgage closure rodeo.

loanDepot is also the 15th largest owner of MSRs, according to Inside Mortgage Finance...

loanDepot hopes to retain as much servicing as it can...

Overall, the servicing business is good, very good, most will agree...

Wells Fargo said roughly 35% of the mortgage workers it cut are "moving into other roles" within the bank...

Over the past few months, scores of originators have introduced reductions-in-force in an effort to rightsize their operations...

A former company executive said that not too long ago, Sprout owner Michael Strauss had designs on taking the lender public.