FBOP, a bank holding company whose subsidiaries once owned nearly $1 billion in GSE shares, has joined the ranks of plaintiffs suing the government for destroying the value of those shares. Is it too late?

The mortgage giant got the ball rolling with a $285 million offering of uniform MBS collateralized entirely of Home Possible mortgages.

The Mortgage Bankers Association will welcome in-person attendees to its annual convention for the first time in two years next week. Registrations have surpassed MBA’s target of 3,200 attendees.

Profits (and profitability) drive the decision to sell a mortgage company. Several lender/servicers are at an inflection point or soon will be. In sum, the rest of 2021 should be interesting.

Many lenders have increased their GSE loan limits nearly three months before new official limits come into play. Originating the loans, though, between now and the end of the year isn’t going to be as simple as lenders think.

In the wake of a messy lawsuit filed by a former top official, loanDepot’s staff has been the target of recruitment efforts. Should we be surprised?

The CFPB ordered American Advisors Group to pay $1.1 million in fines and refund $173,000 to consumers who the bureau said were victims of deceptive advertising mailers. Some industry attorneys interpreted the move as a sign the bureau is tightening supervision and enforcement.

By adding deferred payments to the end of the mortgage, the bank may be double-charging borrowers for the principal payments.

JPM upped its MSR portfolio by roughly $45 billion in 3Q21. Good thing because the asset is rising in value. Will other commercial banks follow suit?

Lower all-around at Wells Fargo: home lending, mortgage servicing rights, branches and employees...