Stearns Lending, one of the fastest growing servicers in the U.S., has hired a new manager to help it with servicing acquisitions.

Although Rep. Hensarling rebuffed Cordray, the CFPB chief delivered the agency’s semi-annual report to the Senate Banking Committee Tuesday morning.

Obtaining approvals to become a GSE seller/servicer can cost you, but think of the money you can make from owning servicing rights.

Nonbank mortgages lenders will not get a pass on CFPB scrutiny, a top regulator told a gathering of the American Bankers Association.

The CFPB is a tough cop on the beat, no doubt. But is the agency and its rules causing certain banks in Oklahoma to exit the residential lending sector?

Banks continue to press the CFPB on their request that the agency use its exemption authority to extend the ATR rule's compliance deadline from 12 to 24 months.

Four non-management directors at Nationstar Mortgage earned almost $1.5 million last year. Meanwhile, it appears Flagstar is selling some of its MSRs.

In two weeks the White House will meet with some of the largest residential funders in the U.S. But will President Obama show?

The Consumer Financial Protection Bureau announced enforcement actions on Wednesday against four private mortgage insurers left standing after the financial market collapse, putting the squeeze on the industry’s use of captive reinsurance arrangements, which ceased when the financial markets collapsed, and fining the four companies relatively small, token amounts.

Nationstar Mortgage clarified that the non-agency MBS it plans to issue in the second quarter of 2013 is an asset-backed security with servicing advances from non-agency mortgages. Genworth U.S. Mortgage Insurance, a unit of Genworth Financial, Inc., announced on Friday that it will offer 24 training classes in April to help mortgage lenders and servicers improve their efficiency and build their business. Fannie Mae President and CEO Tim Mayopoulos said this week that it would be a “mistake” for official Washington to allow the prospect of the newly profitable GSEs to continue to slow walk efforts on housing finance reform.