Origination

Robert Meachum, a 20-year mortgage industry veteran, is joining Stonegate Mortgage Corp. as executive vice president of servicing.

Wells Fargo has a $1.9 trillion residential mortgage servicing rights portfolio.

The chief executive of U.S. Bancorp told attendees at an investor conference in Boston on Tuesday not to expect anything but organic growth from the company over the next decade.

A residential mortgage law firm and title insurance provider have decided to join forces in order to help lenders and servicers respond to the demand of REO properties flowing into the market.

Kroll Bond Rating Agency has assigned preliminary ratings to MSC 2013-ALTM, a $160 million large loan commercial mortgage-backed securities deal.

DebtX has been selected to sell a $2.9 billion portfolio of nonperforming residential loans for the Department of Housing and Urban Development.

The CoreLogic house price index, which includes distressed sales, rose 0.7% in January after rising 0.4% in December.

Mortgage software manufacturer MortgageFlex has formed a partnership with Global DMS, a provider of valuation software.

Last year Union First completed two separate share repurchases, retiring 970,000 shares, or about 3.5% of the total outstanding.

New Penn Financial has lowered pricing and expanded guidelines on a jumbo portfolio product offered through both third-party and direct-loan channels.