The decrease in LOS vendors comes courtesy of industry consolidation from M&A deals, fewer vendor offerings of multi-system platforms and the failure by some platforms to adapt...

PennyMac – launched by former Countrywide Financial executive Stanford Kurland in 2008 – has been using the MSP servicing platform since its inception.

Federal Housing Finance Agency Director Mark Calabria Tuesday raised eyebrows when he told the House Financial Services Committee during a hearing housing finance reform that he is open to wiping out the shareholders...

In a report released Friday morning, Cowen Washington Research Group analyst Jaret Seiberg noted that banking regulators have been using consent decrees for years. “Such orders also tend to include conduct restrictions on the banks,” he said…

Mortgage “fintech” specialist Better.com is hitting the ball out of the park these days on originations. Better is based in New York...

Altisource’s share price is trading near a 52-week low. The vendor’s largest client is Ocwen Financial, a mega nonbank that’s struggled with profitability…

Although Brian Montgomery has been sworn in, he still faces a hearing in the Senate. Meanwhile, the Senate’s time might be taken up with a possible impeachment trial…

Cagney’s name should be familiar to mortgage professionals. He also founded fintech lender SoFi…

One of the biggest speculative bets ever made in mortgage stocks is going on right now: Fannie and Freddie...

Freddie Mac declined to say how much credit it had extended under the pilot, though a spokesman said it was under $1 billion.