Although residential lenders are starting to ponder cutbacks in their ranks, not all mortgage-related firms are worried about their head counts.

Walker & Dunlop hired Douglas Taylor as senior vice president in its multifamily finance unit.

Apollo Global Management and its subsidiaries bought Gulf Stream Asset Management, which now manages 10 CLOs and has over $3 billion in assets under management.

Sheila Bair today officially stepped down as the Federal Deposit Insurance Corp.'s (FDIC) Chairman.

Babson Capital Management is in the market with a $512 million CLO.

David Tobin, principal of Mission Capital Advisors in New York, attended National Mortgage News' recent Buying and Selling Distressed Mortgage Portfolios Conference and does not agree with those at the conference who said the gaps between bid and ask are too big in this sector.

MountainView Servicing Group, Denver, is offering a forward bulk servicing package where the seller will deliver $25 million to $50 million a month of Ginnie Mae (I and II) MSRs.

While the topic of a House hearing Thursday was supposed to be mortgage servicing standards, the target was really the Consumer Financial Protection Bureau (CFBP).

Prudential Mortgage Capital Co. and affiliated funds of Perella Weinberg Partners’ asset based value strategy have formed a joint venture to originate commercial mortgages for future securitization, the companies said today.

After more than a year of negotiation, one of the most famous CMBS loans ever made has been modified.

Eleven years ago, AXA Investment Managers (IM) was one of the first firms to launch a European CLO, and through the most recent financial crisis, when so many new entrants to the European CLO space found it impossible to stay in business, its products were among the few survivors.

Conventional speed increases on average were in line with expectations. However, speeds on 5% coupons and lower were much faster than projected, while 6s through 7s were slower.