Loan officers continue to benefit from strong refis and purchases, but compensation is coming under pressure. Meanwhile, the need for processors is not abating, according to LBA Ware.

One of the biggest regulatory fears of nonbanks? Answer: being subject to CRA laws. New York is turning into a battleground state.

The appeal of owning MSRs seems to be lost on commercial banks. Will the trend line ever change?

The proposed legislation has passed both chambers of the New York Assembly and awaits the governor’s consideration.

HFPC is urging FHA to offer a more flexible option whereby servicers can use a portion of the partial claim to reduce a borrower’s monthly payment, dollar for dollar...

Some $1.12 billion of ECMs originated by Flagstar were included in non-agency MBS during 2Q21. The lender is slated for sale to NYCB.

Ginnie early buyout activity has been rising steadily since early 2020, right before the pandemic struck.

Back in April, Citi hired J.R. Russell, head of consumer direct lending, away from Wells where he served in a similar role.

On the origination side of the ledger, issues with loan applications decreased 7.0% to 1,613...

Fannie’s net worth position increased to $37.5 billion, up 47.4% from a year ago.