Although there appears to be strong interest these days in mortgage banking firms, the outlook isn’t particularly bright for commercial banks.

AmeriSave, a nonbank, has not been without controversy itself.

Dovenmuehle and Cenlar have long dominated the sector, but a growing number of small and midsized players have made inroads in recent years.

The Mortgage Bankers Association wants the FHFA to push Fannie and Freddie to go easy on mortgage buybacks.

For now, nonbanks that fund non-QMs must sell them to an investor unless they have a balance sheet. Securitizations likely won’t happen until sometime in 2015.

Delta Prime Refinance was the business trade name used by Intermundo.

Is it time to sell shares in Fannie Mae and Freddie Mac?

The proposed ban is coming under heavy fire from different factions of the mortgage industry, including the Council of Federal Home Loan Banks, REITs and even private investors that own mortgage stocks.

The days of the megabanks – Wells Fargo, JPMorgan Chase and Bank of America – buying mortgage companies (of any size) are over. Never again. Right?...

“Our intention is to be a top tier lender,” said Newman.