The biggest chunk of GSE business comes from mortgages with high credit scores and LTV ratios below 80 percent.

Hiring top performers can cost a company in terms of salary and bonus pay, but many believe such hires are worth it because such LOs bring in a ton of volume.

The Mt. Laurel, NJ-based Freedom is eager to grow its retail presence in the U.S., but is still committed to third-party lending where it has a large presence.

When pressed further, Middleman noted that getting acquisitions approved in the Empire State can “take a long time”…

The CFPB initially allowed a simple refund of the excess amount under certain conditions...

BB&T posted $80 million of mortgage banking net income in the third quarter, up sharply from a negative $21 million suffered in the previous quarter.

If housing markets are stronger than expected and rates stay low enough, originations could hit $1.421 trillion next year.

Seu pointed to the steady “brain drain” of talent from Fannie Mae and Freddie Mac...

A recent research note from Sterne Agee predicts higher operating costs for Ocwen because of its ongoing regulatory disputes with the New York Department of Financial Services.

With Continental Home Loan under its umbrella, Freedom believes its production run-rate will be $2 billion a month.