Walter Investment, the parent of Ditech, is considered a turnaround situation...

Kittle’s resume includes a stint on MBA’s board of directors. He also served as chairman of the trade group’s political action committee...

“In a normal [commercial] bank acquisition, senior managers usually get a big payday,” said former FHLBank Chicago President Alex Pollock. “But in this case, if you merge [with another FHLB] you could lose your job.”

In the same new regulatory filing, PHH also noted that Kathryn Ruggieri stepped down as the lender’s chief human resources officer effective June 30…

We haven’t see a whole lot of servicing auction notices the past two weeks...

FUN FACT: Between 2000 and 2007, roughly $2.726 trillion of subprime residential loans were originated nationwide. Last year, just $2.0 billion were funded.

As one veteran mortgage consultant put it: “There are no Amazons in this industry,” a reference to the online giant…

New applications from issuer-wannabees is at the lowest point in nearly eight years, the agency estimates.

Glen Messina is no longer CEO of PHH, but he will be hanging around nonetheless…

Maybe GSE 'recap and release' is DOA?