Meanwhile, the FOMC indicated it will continue to reinvest principal payments from its holdings of agency debt and MBS.

Lenders funded an estimated $20 billion of new home-equity lines of credit during the third quarter, a 17.6 percent gain from 2Q, according to IMF.

A mid-sized nonbank based in Texas saw two of its top officers resign last week, industry sources confirmed to IMFnews.

A handful of other large national wholesalers offer LPMI, including United Wholesale Mortgage.

Advocates for GSE reform looking for savings in the federal budget will be disappointed...

When settlements are first reported rarely does the money change hands right away.

Plunging oil prices have led to a sell-off in stocks and a flight to quality, namely U.S. Treasuries and agency-backed MBS.

The OCC said two banks exited the residential mortgage business in 2014 and another two plan to exit in the coming year.

The subordinated debt deal will double the capital base of Skyline Lending.

Skyline CEO Bill Dallas predicted that the nonbank funder could originate almost $4 billion next year, almost double what it produced this year.