For the week, IMA rolled out $3.87 billion worth of servicing auctions.

When’s the last time a publicly traded mortgage company was sold in a stock transaction?

Correspondent lenders and mortgage brokers took slightly less severe declines in origination volume in early 2017 than was seen in the retail channel, according to a new Inside Mortgage Finance ranking and analysis. All three production channels were down sharply as total first-lien mortgage originations tumbled 33.6 percent from the fourth quarter of 2016. The retail segment saw the biggest decline, dropping 34.6 percent to an estimated $221.0 billion. Retail production typically features...[Includes four data tables]

Citadel’s small-balance commercial program will include mixed-use retail and other loan types.

Stearns said that temporary interest rate buy-downs are good for borrowers who expect their incomes to increase in the relatively near future.

The retail segment saw the biggest decline, dropping 34.6 percent to an estimated $221.0 billion.

One constitutional issue that garnered some attention: whether a multi-member commission is more legitimate than a single director…

Entering a future downturn with “extensive short-funded, long-asset positions would be imprudent,” said FHFA Director Mel Watt.

In the new Trump budget, the White House takes an ax to the USDA’s rural single-family housing direct loan program.

In April, Wells Fargo was the top seller of mortgages to Fannie and Freddie with $9.02 billion, followed by Quicken Loans and JPMorgan Chase…