Redwood said its conforming operations generated a negative return of 22.0 percent in 2015.

A day after the news broke that W.J. Bradley Mortgage has shut its doors, competition is heating up for some of its top loan officer and executive talent...

The mortgages have seasoned for an average of 14 months and have pre-TRID application dates.

John Shrewsberry, a senior vice president at Wells Fargo, said the bank has focused on adding jumbo mortgages to its portfolio. “They are very safe loans,” he said. “I think we’ve got four basis points of loss coming through that portfolio.”

Good news for mortgage bankers: gain-on-sale profit margins are on the rise.

Matthew Tomiak, a managing director at Redwood Trust, said investors occasionally request that Redwood issue publicly-registered jumbo MBS.

Neil Ahuja, CEO of Premium Point, said the firm is keeping its options open.

Zais said a strategic review of the REIT will continue, including exploration of a possible sale or even a liquidation of the company’s assets.

Sources close to D’Urso said his termination by Radian was a “total surprise” to him as well.

The Treasury Department helped facilitate discussions among the working group...