Some mortgage lobbyists predict Watt – a lawyer by training and a former Congressman – will pull the recap lever by the end of the Obama administration...

Kingstown's big bet on Ocwen Financial is looking shaky these days...

One analyst we know recently told us about an origination shop that is making just 8 basis points per loan...

Christopher Whalen, senior managing director at KBRA, noted that most of the megabanks “are showing lower mortgage banking lines, which includes MBS desk P&L [profit and loss]. Gain-on-sale is also down about 50 percent year-over-year, so that’s another factor in the balance.”

Was the TRID mess overblown? Tell that to all the mortgage firms that lost money on deals...

The publicly traded servicer/originator took in $330.7 million in revenue, a 35.2 percent decline from 1Q15. Its origination revenue was a meager $23.2 million…

Will President Trump (if elected) tax mortgage servicers that use offshore workers?

However, the new Cordray letter provides no details on where it will land on errors.

Blackstone continues to expand its presence in the mortgage industry on several fronts. In late January, it bought Interactive Mortgage Advisors, a Denver-based servicing advisory firm.

Sig Anderman’s once small firm is now worth more than Nationstar Mortgage, Ocwen Financial and Walter Investment Management Corp. combined.