We understand that a nonbank called Supreme Lending has been hiring quite a few of WJB’s former staff.

Some lenders report they have totally adjusted to the new TRID disclosures, while others continue to be plagued by errors and delays.

The MSR sale market continues to pick up steam. Last week, IMA came to market with almost $3.70 billion of bulk mortgage servicing deals...

FHA consultant Brian Chappelle of Potomac Partners told IMFnews, “I give FHA credit for trying to solve a problem it didn’t create but the DOJ is the elephant in the room.”

A day after the news broke that W.J. Bradley Mortgage has shut its doors, competition is heating up for some of its top loan officer and executive talent...

One observer had this to say about the firm closing: "They literally shut their doors ... no vacation time pay either..."

An investor in Ocwen, for instance, that bought into the stock two years ago at $60 a share is now facing a loss of 96 percent.

At last check, W.J. Bradley employed roughly 500 workers...

One executive who’s involved with the working group said the new guidance from the due diligence firms will help the rating agencies identify "material" risk...

MorVest has represented only sellers of mortgage servicing rights, but that may change...