According to industry consultant Joe Garrett, the typical residential mortgage company sale of the past few years has been an asset sale with a three-year earn-out.

Although the REIT will avoid non-QM assets this year, it believes the market for the product will continue to grow...

For the year banks and thrifts earned $13.54 billion from mortgage banking, a 14.2% decline from 2018.

Would-be competitors for Fair, Isaac and Company, which owns the FICO models, are going to have to shell out a $200,000 application fee.

Important lessons learned this week: What goes up, must come down; mortgage rates don't always track the 10-year Treasury; stock speculation (Fannie/Freddie) is not for the faint of heart...

Officials at Redwood noted that gross margins on the issuance of mortgage-backed securities and whole loan sales improved as well.

Attorney Andi Mandell: “They want to buy and there’s not a whole lot out there.”