Given the fact that rates have moved noticeably higher since the election, it’s widely anticipated that more originators will move to trim staff before yearend if they haven’t already.

Schneider has until midnight Dec. 9 to accept the severance offer from Walter Investment Management Corp., the nation’s eighth largest residential servicer.

Despite the uptick in rates, warehouse providers appear to be happy (for now) and, like their nonbank clients, most expect the competition to suffer and not them.

Of the $292.98 billion in non-agency jumbo mortgages originated in 2015, 3.1 percent were in areas where the loan balance would have been eligible for delivery to the GSEs under the loan limits set to take effect in January.

We know one mortgage official who bought “a bunch” of Fannie Mae shares at $1.38...

HUD decided to ease the HR rules in new guidance issued at the end of November...

The volume of jumbo mortgages outstanding rose to an estimated $892.4 billion as of the end of September…

The National Association of Realtors defended its first-time homebuyer surveys…

Cowen adds the nomination “also leaves the door open to FHA premium cuts, though the real driver of that will be the pick of an FHA commissioner.”

SFIG’s Marketplace Lending Committee includes 250 individuals representing more than 70 companies.