Investors at private equity firms told IMFnews that they believe Lawsky is using the DFS as a “bully pulpit,” paving the way for a possible run for public office.

The InterLinc executive said there’s a great deal of interest from potential acquisition targets, but he cautions that, “Not everyone wants to make the move.”

The VA loan limit for the Honolulu area has been increased to $721,050 from $625,000, thanks to Sen. Brian Schatz, D-HI.

Some mortgage technology consultants, speaking on-background, are prophesizing that the investment will lead to Google moving into the realty market and becoming a direct competitor to traditional Realtors.

Prospect Mortgage had roughly $975 million in committed warehouse lines at yearend. Its three largest providers include UBS Securities, Bank of America/Merrill Lynch and Fannie Mae.

In early September, in an exclusive report, Inside Mortgage Finance broke the news about funding delays at the company. At the time, a Nationstar spokesman blamed the situation on the changing of document custodian vendors. (It would not name the vendor.)

In addition to its advisor role, Steadfast will purchase a participation in each MSR loan made by Customers Bank.

Roughly 96 percent of mortgage bankers earned money in the third quarter. But that wasn't the case in 4Q, according to Richey May & Co.

Add default servicing to the list of things JPM's Jamie Dimon doesn't like about the mortgage industry.

In a rambling, 6-page letter sent to the GSE’s board, Fairholme Managing Member Bruce Berkowitz claims Fannie Mae’s equity securities are now valued by the market at $36 billion.