Ian Ouwerkerk, who began running multifamily underwriting and credit for Freddie on an interim basis in the first quarter, has been promoted permanently to the job.

REITs have seen their MBS portfolios shrink for six consecutive quarters since a cyclical peak at the end of 2020...

Among the markets it will pause in the first round: Boise, Detroit, Fresno, Milwaukee, Omaha and Virginia Beach...

It seems as though the review pipeline is getting backed up because deal volume has been so heavy...

loanDepot, the nation's seventh largest home lender, is reducing its funding facilities...

Many publicly traded mortgage companies remained profitable in the second quarter, though earnings were down sharply. (Includes data chart.)

Rising interest rates increased the fair value of banks’ MSRs in the second quarter but servicing for others was essentially flat. (Includes data chart.)

The Southfield, MI-based bank expects fixed-cost savings of roughly $3 million a year from using MortgagePath for originations and the vendor will be responsible for compliance issues.

Institutional investors have driven down the debt prices for several publicly traded nonbanks this year. But some are better off than others.

Before the pandemic, lenders sold their MSR 80% of the time but after COVID, they retained 70% of their MSRs. Now, the split is 55/45.