In an effort to more closely align its businesses, Quicken Loans is rebranding its wholesale division as Rocket Pro TPO. The announcement came less than 24 hours before rival United Wholesale unveiled plans to go public.

Years in the making, the CSBS late this week finally unveiled its proposal on regulatory standards for nonbank servicers. Trouble ahead?

If the Financial Stability Oversight Council gets its way, GSE capital standards will be tighter than what many in the industry want. Is that a problem? Opinions vary.

Eric Kaplan of the Milken Institute said the best possible explanation for the FHFA director’s remark is he thinks the GSEs may still have some of that profit-at-any-cost mentality that got them into trouble a decade ago.

United Wholesale Mortgage and Home Point have contributed to a program to help minority and women entrepreneurs open brokerage shops.

Mortgage origination profits haven’t been this good in decades. Gain-on-sale margins of 600 bps on government loans? At some shops, yes.

The volume of eMortgages purchased by Fannie and Freddie has grown more than fourfold since 2018, but it’s still a tiny fraction of their single-family business.

The nation’s largest table-funder, UWM will become a public company via a SPAC. When’s the last time a wholesale-only lender went public? Decades.

Under the Fed’s framework, which in many ways differs from the OCC’s final rule, a bank’s mortgage lending performance will be evaluated in two ways: a retail test and community development measurement.

Wells Fargo, which exited the correspondent channel for jumbo mortgages in April, is still not sure if or when it will resume originating the product through the platform.