Nonbank mortgage processors serviced $4.977 trillion of securitized home loans as of June 30, up 2.4% from March and hefty 20.2% gain from a year ago.

Former FHA Commissioner Dave Stevens also expects the November MMIF report to be “relatively" good news...

Looking to lop off some of your MSRs? You're in luck...

The government watchdog said gaps exist in HUD’s established processes to oversee the IT initiative.

The decline in mortgage origination from the first to the second quarter hit nonbanks harder, but the industry still accounted for 70% of production by the top 100 lenders. (Includes two data charts.)

Analysts are betting the Mutual Mortgage Insurance Fund will be healthy enough to propel the FHA to lower premiums early next year.

Remember the government’s Paycheck Protection Program? Mortgage bankers took some of the money and then posted record earnings.

In regard to underwriting shortcuts, loanDepot said it did nothing wrong, but the nation’s sixth-largest home lender’s counterparties may need some reassurances. One observer called a lawsuit filed against the company a legal “nightmare.”

Treasury Secretary Janet Yellen and others warn of catastrophic economic consequences if the government fails to raise or suspend the debt ceiling before the middle of October.

While most top-ranked lenders saw aggressive growth in home-equity conversion mortgages during 2Q21, others experienced a slowdown...