Several Correspondent Lenders Settle With ResCap
Nearly a dozen correspondent mortgage lenders have agreed to a settlement with a unit of bankrupt Residential Capital LLC.
Best Mortgage Companies to Work At
Several real estate finance firms recently touted how they have been recognized by local news publications as the best employers in their cities.
Former Countrywide Chief Off the Hook
A civil lawsuit planned by the government against Countrywide Financial Corp.'s founder and former chief executive officer has reportedly been dropped.
MERS to be Sold
A deal reached for the parent of the New York Stock Exchange to invest in MERSCORP Holdings Inc. is expected to benefit the home lending market.
Build Out Costs Surge on New Fannie HQ
The regulator of the Federal National Mortgage Association is being criticized for oversight of the secondary lender's planned move to a new headquarters facility.
Optimal Blue Acquired
A private-equity firm has struck a deal to acquire Optimal Blue Holdings and plans to pour hundreds of millions of dollars into the new business.
Nationstar Expanding Subservicing Business
Nationstar Mortgage Holdings Inc. is picking up subservicing on $50 billion in home loans as well as a mortgage servicing platform.
Tech Officers Among Mortgage Executive Moves
The latest round of executive moves at real estate finance firms includes a promotion to president at one lender and the appointment of top technology officers at two other companies.
Hirings Reported by The Money Source
A mortgage banking firm that is based in the Empire State has increased its ranks by more than a hundred employees so far this year as it expands its presence.
Former Wells Mortgage Chief Now on Fannie Board
Three directors elected to Fannie Mae's board include the former head of Wells Fargo & Co.'s mortgage lending operation.