Once word leaks out that a mortgage company is a takeover target, many LOs start weighing their options, contacting competitors who tried to recruit them in the past.

In three-plus years of originating subprime mortgages, Citadel has suffered two foreclosures and a handful of delinquencies, but no losses.

Ocwen Financial has a huge mismatch between the size of its $400 billion servicing portfolio and its new originations. Then again, its MSRs are running off...

Roughly a month ago, ClearVision founder Jon Maddox announced his retirement to Pacific Union senior management.

Guild's McGarry also said the company will not be closing on any more transactions in 2014.

Pacific Union Financial took in $100 million of profits. It’s not every day that a privately held nonbank tells the world what it’s earning…

Another positive for the production market is a new willingness on the part of certain warehouse banks to finance the production of non-QM loans.

Is the investment banking arm of JPMorgan Chase sniffing around the non-QM space? It sounds crazy, we know...

For a bond investor such as PIMCO, the attraction should not come as a total surprise.

Industry consultant Joe Garrett notes that one of his clients (back in 2003) had 52 loan officers and “about 52 comp plans”…