Wells Fargo says it is committed to its remaining joint venture lending partners but isn't giving out any names on the JVs.

JPMorgan Chase will slash thousands of mortgage workers over the next 20 months.

Nationstar Mortgage signs a new employment contract with one of its top executives, CFO David Hisey.

Jumbo loan prices are red hot.

Walter Investment is buying the residential origination platform of Ally Bank for next to nothing.

Joe Anderson, who worked at Countrywide Financial Corp. for 17 years and then Nationstar, is considered the top candidate to get the CEO job at Vericrest Financial.

Stonegate Mortgage has launched a new jumbo conduit, hiring Eric Schlotz, a 15-year veteran from GMAC-RFC in Minneapolis, to manage the operation.

Fortress Investment Group has raised $1.6 billion to buy mortgage assets, including servicing rights.

Is BlackRock up to something regarding its investment in Redwood Trust?

David Schneider, CEO of Vericrest Financial, a fast growing servicer that is rumored to be a bidder on Ally Financial’s $122 billion of mortgage servicing rights, has left the company, sources familiar with the situation told Inside Mortgage Finance. Schneider could not be reached for comment at deadline. A spokeswoman for the company would not comment on the situation but would not deny his departure either. Schneider has been building bridges in the servicing community…