Increases to interest rates on mortgages are prompting changes in the types of refinances that are being originated. The cash-out share of refi business is increasing and credit quality is declining, according to an analysis by CoreLogic. Frank Nothaft, an executive and chief economist at CoreLogic, projects that the cash-out share of refi business will be near 40.0 percent this year. He said that would be the highest share for cash-out refis since 2005. In 2017, around 25.0 percent of refis ...

Sam Khater, chief economist at Freddie Mac, said some prospective homebuyers didn’t complete transactions this summer due to a limited supply of homes for sale…

In an interview this month, MVFS Executive Vice President Mark Garland described the MSR auction market as “very, very strong…”

Despite calls by the industry to improve and clarify the process, the FHA has yet to make a move to meet industry demands for a more detailed defect taxonomy…

According to industry consultant Rick Roque, residential originators are not lowering loan officer compensation quickly enough...

Angel Oak and Citadel Servicing, two of the larger originators of expanded-credit products, each increased production by more than 30.0 percent from the first to the second quarter.

MBA listed compensation for “current officers, directors, trustees and key employees” at $6.0 million for fiscal year 2017. It was $7.1 million the year prior…

The Gateway Mortgage founder won the Republican primary with 54.6 percent of the vote.

Origination capacity in the mortgage industry remains “elevated,” according to a new report from PiperJaffray.

In fact, bank ABS investment began to taper off at about the same time the supply of ABS outstanding began to grow again.