To conservatives in the financial services industry, Mick Mulvaney is a hero.

Commercial banks and savings institutions once again reduced their holdings of mortgage servicing rights during the first quarter of 2018, according to an Inside Mortgage Trends analysis of call-report data. [Includes one data chart.]

Trading in mortgage servicing rights is as good as it’s been for years, but it remains a small market full of pricing and transactional irregularities, according to industry experts speaking on a panel at the secondary market conference sponsored by the Mortgage Bankers Association last month.

Retail loan production gained share in the jumbo and government-insured markets during the first quarter of 2018 but lost a little ground in the conventional-conforming space, according to survey data compiled by Inside Mortgage Finance. [Includes two data charts.]

Bank of America once again ranked first in terms of new HELOC commitments, according to Inside Mortgage Finance…

Acting CFPB Director Mick Mulvaney sent a list of questions to both sides on May 11 asking for recommendations on the case proceeding.

Broeksmit, who has spent his entire 33-year career in the mortgage industry, joins MBA from Treliant Risk Advisors...

Former CAB board member Adam Levitin said he, “sure made out” with the free coffee, pastries, and box lunches.

A significant share of borrowers are missing out on thousands of dollars in savings…

Home-equity lending stumbled in early 2018, although borrower demand and lender interest both seem relatively strong, according to a new Inside Mortgage Finance analysis. [Includes three data charts.]