Founder and CEO Vishal Garg earned $25.3 million in 2020...

Over the four-month period from May to August, Fannie and Freddie purchased $46.18 billion of IPL and SHL loans, down 47.9% from the first four months of the year.

Originations through mortgage banking platforms fell 7.8% from the first to the second quarter.

Thompson was more elusive about the question of whether LLPAs should be eliminated...

In the purchase market, the share of loans with credit scores ranging from 620 to 699 rose from 10.75% in the second quarter to 12.00% in the third quarter.

Among originators, loanDepot ranks sixth, among servicers 22nd...

One caveat: Only the most well-heeled companies came to market, leaving originators with weaker prospects to tap their bank lines or enter into new or amended master repurchase agreements...

Although the GSEs have for several months seen declines in the share of investor and second-home mortgage purchases, it remains to be seen whether lenders will continue to deliver these loans into the non-agency market now that the caps have been withdrawn. (Includes two data charts.)

Sen. Pat Toomey, R-PA, and NAMB President Kimber White each grade the brief performance of FHFA’s acting director.

Sales to Fannie Mae and Freddie Mac saw larger concentrations of higher-risk mortgages, in both the purchase and refinance sectors. But high-FICO loans continue to account for most GSE business. (Includes two data charts.)