New loan production in bank mortgage banking operations was down slightly in the first quarter. Loan sales also slumped. (Includes two data charts.)

In her first interview since leaving office, former CFPB Director Kathy Kraninger touted her policy encouraging responsible business conduct and explained why she focused on supervision rather than enforcement.

Experts believe a properly configured customer relationship management system can help lenders survive the change from a refi-heavy market to a purchase one.

Technology is here to stay and is going to continue to cost lenders a bundle. Get used to it.

Fitch said the deal comes with “an irrevocable and unconditional guaranty,” courtesy of the Development Finance Corp. That means the securities, and any obligations associated with them, enjoy the full faith and credit of the U.S. government.

Jumbo mortgage originations were up in 2020 but most production remained on the lenders' books. Direct sales of conventional loans to non-agency securitizers also fell. (Includes data chart.)

Rates have been meandering of late but one data point is on the rise: MBS trading. Question: have “mREITs” peaked?

The New York Supreme Court’s Appellate Division said the continuing nature of the alleged harm defeated the state’s six-year statute of limitations for breach of contract claims.

The sale of mortgage franchises is picking up but there’s a headwind tied to valuations. Owners are holding out for top dollar.

Nonbanks no longer have to pay all cash for servicing rights in the secondary market. Reason: Commercial banks have returned to the sector as financiers.