Although Provident entered into a consent order, it said in a follow-up statement that it has no knowledge that brokers “were allegedly overcharging certain borrowers.”

We understand that a large pool of nonprime mortgage loans is looking for a home...

According to figures compiled by Inside Mortgage Finance, Provident ranks eighth nationwide among all table-funders, based on first quarter 2015 production.

“These are serious loan officers,” he noted. Just how serious? According to the show’s website, some of the top producing LOs in attendance earn between $500,000 and $5 million…

It stands to reason that by waiving the charge that Freddie might take in less revenue, but a GSE spokesman said as a financial matter, “it’s not material.”

In total, almost 72 percent of all Ocwen employees are domiciled overseas where labor costs are much cheaper.

The former analyst said Freddie has “an inferior security [MBS] necessitating the need for a lot of time and expense to create a common securitization platform…”

Moreover, 12 of the top 20 originators are now nonbanks, all of which rely heavily on commercial banks for warehouse credit

According to the offering circular, the receivables are geographically dispersed with Texas accounting for the largest share at 7.2 percent.

We understand that American Home Mortgage founder and chief executive Michael Strauss may be launching a new nonprime lender...