Ocwen Chairman Erbey resigns as company admits misconduct

Ocwen Chairman Erbey resigns as company admits misconduct

Company to pay $150 million to homeowners

Looking back, the housing industry is totally Scrooged

Here's the HousingWire/Star Wars Christmas 2014 special

FHA loans could face "tidal wave of defaults"

All indices hit series high
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Items Tagged with 'Correspondent lending'

ARTICLES

Monday Morning Cup of Coffee: Mortgage originations down despite low rates

CFPB after mini-correspondents, housing metrics will tell the tale
Trey Garrison
Monday Morning Cup of Coffee takes a look at news crossing HousingWire's weekend desk. In this week's edition: A look at the ten most struggling housing markets; a preview of the week's big economic reports; the CFPB's new focus on mini-correspondent lenders; and more.
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Mortgages don’t to make it on BofA’s priority list

New strategy pulls back from mortgages
Brena Swanson
With the majority of Bank of America’s lawsuits behind it, the Charlotte-based bank is refocusing its efforts and choosing to pull back from mortgages.
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Affiliated Mortgage sues Envoy Mortgage for $20M

Firm accused of stealing trade secrets
Brena Swanson
Affiliated Mortgage is suing Envoy Mortgage, alleging Envoy Mortgage stole some if its key executives in an effort to put Affiliated’s correspondent lending division out of business.
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Affiliated Mortgage exits correspondent lending

Shuts down office due to current lending environment
Brena Swanson
“Based on the current environment, and after careful consideration, Affiliated Mortgage Company has made the difficult decision to exit the correspondent business,” said Jason Beene, president of the Correspondent Division.
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JMAC launches non-delegated correspondent lending channel

Investor will underwrite before closing
Jacob Gaffney
According to a statement provided by the company, the non-delegated correspondent lending channel is focused on serving lenders who currently have the resources to fund their own loans but prefer the security of having those loans underwritten by the purchasing investor before the loan closes.
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The ditech key to correspondent lending

Begins to focus on community banks and credit unions
Brena Swanson
As more lenders revise or grow their correspondent lending divisions, there is one strategy that seems to be working best for them.
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Prospect Correspondent Lending scales back footprint

Little more than a year of operations
Brena Swanson
Since its launch back in March 2013, Prospect Correspondent Lending decided to scale back its depth in the business in order to capitalize on areas that it will have more of a competitive advantage.
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Equity Loans announces rebranding, now Equity Prime Mortgage

Ben Lane
The company says that the name change is reflective of its growth into the wholesale and correspondent lending markets, as well as the company’s plans for future growth.
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Here’s exactly how ditech is coming back into the market

Correspondent lending is a big part of the company's new plan
Ben Lane
The company, which was once of the leaders in subprime lending, has released details on just how it plans to build a base in one of its new areas of focus: correspondent lending.
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First Guaranty Mortgage names Richard Donine to executive leadership team

Trey Garrison
First Guaranty Mortgage Corp. announced the appointment of Richard S. Donine as senior vice president national marketing director.
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