The profit margin outlook has declined for nine consecutive quarters…

The securitization rate increased to 71.6 percent in 3Q18 compared to 65.0 percent in the previous period…

Meanwhile, acting Ginnie Mae President Michael Bright still awaits Senate confirmation, even though he was officially nominated to the post by President Trump on May 15.

The Wall Street group’s advisory council on TBA guidelines met earlier this week with several key Trump administration officials...

Joseph Otting will be joining the Trump administration's "two-hat" club...

The news of Otting’s appointment and what might transpire afterwards did nothing to boost the share price of Fannie and Freddie common...

Mortgage lending and secondary market activity generated a modest increase in earnings for a diverse group of publicly held companies, according to a new Inside Mortgage Trends analysis of earnings reports. At the same time, servicing income was down substantially. The 13 companies included in the roundup reported a combined $816.3 million in income from production-related activity during the third quarter. That was up 2.8 percent from the ... [Includes one data chart]

An association of mortgage brokers has partnered with a technology company to create a platform brokers can use to interact with different wholesale lenders and vendors. The platform will allow brokers to check pricing among various wholesale lenders, lock interest rates and upload documentation from borrowers, among other features. The platform is called Arive and was developed by a company with the same name. Members of the Association of Independent Mortgage Experts ...

Fannie Mae and Freddie Mac sellers had to repurchase just $173.34 million of home loans during the third quarter of 2018 due to defects in the origination process, according to a new analysis by Inside Mortgage Trends. It was the lowest quarterly buyback total since the two government-sponsored enterprises began filing repurchase activity disclosures with the Securities and Exchange Commission in early 2012. There was, however, a 12.9 percent increase ... [Includes two data charts]

For a company that’s coming off two back-to-back quarters of strong earnings, Texas Capital Bancshares, Dallas, is in a curious place: Its stock value continues to suffer mightily and its competitors in the warehouse sector believe its pricing is just too cutthroat to make sense. As Inside Mortgage Trends went to press late this week, TCBI’s common was trading at $50.17, a nick above its recent 52-week low of $49.34. Its high for the year is $103.05, which translates into a discount from ...