For years, the number of subservicing contracts has proliferated. But with loan production falling, there is less of a rush to use outsourcing vendors. Some lenders may even move the function inhouse. (Includes data chart.)

After a respite of sorts, the insatiable appetite for mortgage servicing rights revives. Meanwhile, Better.com and its founder find themselves on the wrong end of a civil damages claim.

A five-plus year veteran of Better.com, Pierce was fired by Better in February of this year.

At this point in the mortgage cycle, the odds of Better becoming a public company are slim…

CCM now ranks 17th among all home lenders compared to 37th two years ago...

A Wells spokesman said the bank has “clear expectations around employee behavior"...

Mr. Cooper foretold of layoffs in a recent SEC filing...

Word is spreading that CrossCountry Mortgage of Brecksville, OH, is in the hunt to buy other lenders. As for who, that’s a different matter.

The peak in prices could be over, for now...

As one veteran warehouse executive told us, “We haven’t seen our clients getting hit with big discounts on loans on our lines.”