According to industry consultant Rick Roque, residential originators are not lowering loan officer compensation quickly enough...

Angel Oak and Citadel Servicing, two of the larger originators of expanded-credit products, each increased production by more than 30.0 percent from the first to the second quarter.

MBA listed compensation for “current officers, directors, trustees and key employees” at $6.0 million for fiscal year 2017. It was $7.1 million the year prior…

The Gateway Mortgage founder won the Republican primary with 54.6 percent of the vote.

Origination capacity in the mortgage industry remains “elevated,” according to a new report from PiperJaffray.

Celebrity’s Robnett hinted that a third acquisition could be revealed by October.

CBO projects that under current law, the share of new single-family mortgages guaranteed or held by Fannie and Freddie will slowly recede…

Personnel expenses averaged $5,195 per loan in the second quarter, down $704 from 1Q18…

One UWM broker, requesting anonymity, took the offer with a grain of salt: “If someone wants to help the broker and the consumer, they would dump the application fees.”

But Wells Fargo dominated in the correspondent channel with a 20.9 percent market share...