Plush with record earnings, loanDepot is building an inhouse servicing system, which means its current vendor, eventually, will lose business. Meanwhile, is GSE reform a possibility once again?

Some brokers are questioning the legality of the publicly traded nonbank’s broker contract.

When in doubt, keep MSRs if you can. That seems to be the driving force behind continued growth in the subservicing arena. (Includes data chart.)

When the FHFA appointed two new independent directors to the CSS board in January, it changed the balance of power in its favor.

The $1.9 trillion COVID-19 relief bill on its way to President Biden’s desk includes only one provision specific to the residential mortgage industry.

An appeals court ruled that Nationstar’s indemnification claim over reverse mortgages it acquired in 2015 should not have been dismissed.

Warehouse providers racked up $137.0 billion of commitments at year end, arming nonbanks with the credit they needed to make a record amount of new loans. A repeat performance in 2021? Probably not, but a good year nonetheless is expected. (Includes data chart.)

Even though proposed state capital requirements and other standards are deeply unpopular among nonbank mortgage servicers, the CSBS said it will move ahead with its plans.

Rohit Chopra’s nomination for director of the Consumer Financial Bureau appears to be a lock in the Senate Banking Committee. While laying out his priorities, he said the agency will not dictate housing-finance policy.

As interest rates increase, Quicken anticipates lenders will reduce capacity, providing an opportunity for the nonbank to gain market share.