Former FHA chief David Stevens said use of the False Claims Act as a “legal sledgehammer will now be tested by one of the highest quality FHA lenders in the nation.”

Grid Financial consultant Paul Hindman is a true believer in brokers as is Mat Ishbia of United Wholesale Mortgage.

Most of Altisource's business is tied to Ocwen, which is in the process of ridding its servicing portfolio of agency loans.

The top contributor to the new Credit Suisse jumbo deal is New Penn, which is controlled by MBS co-inventor Lew Ranieri.

DOJ cites an email written by a Quicken divisional vice president for underwriting who brags that the lender has a team that is “responsible to pushback on appraisers questioning their appraised values.”

On IMA’s other deal, the brokerage firm is offering $100 million per month of Fannie Mae/Freddie Mac “flow” product.

Is Blackstone's purchase of a mortgage lender a "one-off" deal or will other Street firms follow suit?

It's always possible that Green Tree could turn around and sue HUD before HUD sues them, which is what Quicken Loans did.

for 2014, Messina's compensation package included a base salary of $930,436, stock awards of $2.3 million and $4.1 million in “non-equity incentive” pay.

The sale actually closed at yearend, although it was revealed in a press statement dated April 21.