The number of LOs hired and coached increased by 19% year-over-year, according to LBA Ware.

Wells Fargo's huge increase in mortgage-banking income accounted for nearly all the gain reported by 19 publicly traded banks. Still, the second and third quarters of 2020 were incredibly lucrative for mortgage banking platforms. (Includes data chart.)

While AmeriHome, Caliber Home Loans and Guild Mortgage have noted strong profits and plans for growth, their business strategies differ widely.

The holding company of Fulton Bank was hit with a $1.5 million fine by the SEC for misleading disclosures regarding MSR valuations in 2016 and 2017.

So, you want to be a publicly traded company? Be prepared to made disclosures that normally might never see the light day. Both good and bad.

Flipped houses represented 6.7% of all single-family homes and condos sold in the second quarter, down from 7.5% of all sales in the prior period. (Includes data chart.)

The banking industry's aggregate portfolio of servicing for others was down slightly in the second quarter, although the top five players shed a combined $100 billion. (Includes data chart.)

The industry got no help from perennial leader Wells Fargo, but banks still posted their strongest quarterly income from mortgage banking in five years. (Includes data chart.)

Two Harbors and Front Yard recently terminated their partnerships with their respective external managers. However, Two Harbors’ refusal to pay a termination fee has landed the REIT in court.