Starting next week, mortgage loan originators that move from banks to non-banks or between states can operate with temporary authority. But there may be potential compliance risks, warned attorneys.

The founder of PennyMac has been selling shares in the company. But after he did, the stock price climbed even higher.

State regulators plan to issue capital requirements for nonbank lenders and servicers. There hasn’t been much movement on 2015 proposals.

When one non-QM lender agrees to sell, it stands to reason a peer company might for sale as well. Right? Not necessarily.

It was a bravura performance for the FHA’s Mutual Mortgage Insurance Fund in fiscal 2019. The MMIF ended the year with a capital ratio of 4.8%, more than double the statutory minimum.

The non-QM market has been so hot this year that M&A activity is beginning to pick up a head of steam. Luxury Mortgage is the latest lender to pull the sale ripcord. There could be more.

One of these days, the two mortgage giants will commence with a new stock offering. Right? The market seems to be betting on the fact, as are the government-sponsored enterprises.

Aside from g-fee pricing, most of the ways the GSEs could engage in volume discounting would take place in the secondary market. That means they’re not really violating regulations.

PennyMac Financial is doing so well these days that it decided to declare a dividend to its common shareholders. When’s the last time a nonbank accomplished such a feat? Hard to say.

Loan broker LendingTree continues to earn a profit while net earnings at Ocwen Financial remain elusive.