Today, just three depositories remain among the top 25 HECM lenders: First Bank (ranked 16th at mid-year), The Federal Savings Bank (19th) and Quontic Bank, FSB (21st).

PIMCO also has been buying non-agency mortgages, holding the paper in one of the funds it manages.

However, a source familiar with the matter stressed that the GSE is merely considering a construction-to-perm product and nothing more.

KBW estimates that if the corporate tax rate falls, Fannie and Freddie, combined, would have to fork over to Treasury an estimated $13 billion to $19 billion…

Maybe a REIT is the way to go in nonprime...

You might say that Wilbur Ross got out of Ocwen while the getting was good...

Walter CEO Tony Renzi: “Our operating performance is improving in many areas, and we are continuing our financial restructuring efforts…"

Impac says it’s not for sale, but sources contend the company is pitched by investment bankers quite frequently…

Although Capital One is exiting single-family lending, the bank will continue to provide “specialized" multifamily financing...

Back in February, Capital One’s Senior Director of Home Loans Eric Declercq left the company for a position at loanDepot.