TMS called it a “realignment,” explaining the cuts are part of a plan to “fuel fintech growth.”

The three largest holders of first-liens are Wells Fargo, JPMorgan Chase and Bank of America…

According to sources familiar with the matter, Stearns is looking at other acquisitions as well...

LendingTree founder and CEO Douglas Lebda took home total compensation of $59.6 million last year...

Movement gave tech developers eight weeks to develop a prototype…

Presale reports for non-agency MBS backed by new originations typically identify lenders that account for at least 5.0 percent of the contributions…

“We didn’t observe any meaningful change in purchase loan application trends compared to earlier years,” said Archana Pradhan of CoreLogic.

KBRA assigned preliminary AAA ratings to the MBS with credit enhancement of 6.00 percent on the senior tranche.

One of the fastest growing jumbo servicers is Shellpoint Mortgage…

The non-QM MBS also includes loans originated by unaffiliated lenders, including Sterling Bank & Trust…