Associates of Erbey told IMFnews that he knew several weeks ago that he would be stepping down from the company and viewed himself as a sacrificial lamb of sorts…

PHH Mortgage was the top-ranked IO lender, with $9.51 billion in such originations through three quarters in 2014.

Lenders that have considered taping their interactions with borrowers said the recordings can help prevent “he said/she said” situations.

Skyline said it raised $18 million in equity and debt from Ellington along with Upfront Ventures and Dallas Capital Management.

Lawsky didn't name names, but the servicer he singled-out shares a number of characteristics with Ocwen Financial.

MBA cites competition from GSEs' new low downpayment programs, Senators point to improvements in the FHA's Mutual Mortgage Insurance Fund.

The increase in the number of mortgage loan originators with state licenses was attributed to increased access to warehouse credit and less exposure to regulation than big banks.

Non-cash financing was used on 72.4 percent of home purchases in November, based on a three-month moving average.

The Merrill borrowers tend to have strong equity positions: the original average combined LTV on the collateral is 54.9 percent.

A year ago, in SEC filings, Pershing Square disclosed that it owned just under 10 percent of Fannie and Freddie common.