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Almost $700 billion of mortgage servicing rights are in some stage of auction or sale.
By Paul MuoloNovember 14 -
Wingspan Portfolio Advisors, a once-fast-growing specialty servicer that does business with the GSEs and other clients, is laying off almost 460 workers, according to a notice it filed with the Texas Workforce Commission.
By Paul MuoloNovember 13 -
Just when housing begins to show true signs of a recovery, the fiscal cliff strikes.
By Paul MuoloNovember 13 -
EverBank Mortgage is one of the fastest growing residential lenders among the top 30.
By Paul MuoloNovember 13 -
Allonhill laid off roughly 10 full-time appraisers because of a cutback by one of its mortgage clients.
By Paul MuoloNovember 12 -
Will more nonbanks enter the mortgage servicing arena in 2013?
By Paul MuoloNovember 12 -
Amy Brandt—best known, perhaps, for her days as CEO of WMC Mortgage, a California nonprime lender—will lead Prospect as it expands into correspondent lending and servicing.
By Paul MuoloNovember 12 -
Among this exclusive group, U.S. Bank was the stand out in terms of growth, increasing fundings by 142% over the past 12 months.
By Paul MuoloNovember 12 -
In this post-election era bankers and mortgage bankers alike are planning to move to regulatory-free Canada.
By Paul MuoloNovember 9 -
Walter Investment Management posted strong servicing results in the third quarter while revealing that it will take control of $50.4 billion of Fannie Mae mortgage servicing rights when the Residential Capital Corp. deal closes.
By Paul MuoloNovember 9 -
The decision to delay the implementation date on Basel III capital rules could be a game changer for the residential mortgage servicing business–or maybe not.
By Paul MuoloNovember 9 -
Is the Basel III delay a game changer for investors in mortgage servicing rights?
By Paul MuoloNovember 9 -
It appears that the privately held New Penn is positioning itself to be a major player in the jumbo market
By Paul MuoloNovember 9 -
One Fannie Mae vendor that works on buyback cases had its workload reduced to 1,500 files per month from 9,000 at one point.
By Paul MuoloNovember 9 -
PennyMac is beginning to make a name for itself as a top ranked buyer of mortgages, including jumbos.
By Paul MuoloNovember 8 -
PrimeLending is one of the fastest growing lenders among the top 20.
By Paul MuoloNovember 8 -
Is it time to reconsider the death sentence for Fannie Mae and Freddie Mac?
By Paul MuoloNovember 8 -
In its third quarter release PHH said it believes that retail production consistently delivers “high quality” loans.
By Paul MuoloNovember 8 -
Is it too early for mortgage bankers to get excited about President Chris Christie?
By Paul MuoloNovember 7 -
Several months back mortgage bankers from coast to coast were fretting about the inevitable: that when interest rates finally rise the refinancing gravy train that’s been sustaining mortgage bankers for the past 12 months will finally grind to a halt.
By Paul MuoloNovember 7

