It's unclear how the Indianapolis-based Stonegate will compensate for the anticipated loss in originations once it closes the 47 branches.

Over the past 12 months, Florida had the highest number of completed foreclosures at 91,000.

The last nonbank mortgage lender to go public was Stonegate Mortgage, which brought its IPO to market two years ago.

Although the home foreclosure inventory is falling compared to a year ago, some metropolitan areas are seeing an increase in new filings, including Atlantic City.

On Thursday, Inside Mortgage Finance quoted one source as saying loanDepot’s valuation is “a bit aggressive.”

Meanwhile, mortgage servicing values have firmed up the past month, thanks to the recent rise in interest rates...

Sen. Rand Paul, R-KY, said he would not touch the mortgage interest deduction, but Dr. Ben Carson wasn't as friendly...

Bill Dallas of Skyline Lending said TRID preparation usurped all other projects...

Among the firms that have reported their figures to Inside Mortgage Finance are Southwest Bank, which had commitments of $563 million at Sept. 30...

The nation’s largest mortgage investing REIT, Annaly Capital Management, reported a $627 million loss in the third quarter compared to a $900 million profit in 2Q.