Originations at the largest U.S. mortgage lender in the third quarter will look a lot like production in the previous quarter, according to John Shrewsberry, a senior executive vice president and chief financial officer at Wells Fargo.

Jumbo production by correspondent lenders increased by 63.7 percent on a sequential basis…

Three nonbank lenders, all owned by PE firms, are key contributors to the deal…

The agency specifies that a two-year testing period would be the norm.

Steve Skolnik, an industry veteran with a long career in nonprime lending, was recently hired as CEO…

On Nov. 1, Fannie Mae will begin accepting applications for its new high loan-to-value ratio refinance product.

Two new members of the consumer panel come from the fintech world: Sameh Elamawy, CEO of Scratch, and Manning Field, CEO of Acorns.

One manager criticized number-two ranked warehouse provider Texas Capital for the discounts the bank is offering, calling it “the talk of the warehouse community.”

The CFPB should drop the current debt-to-income ratio cap and the so-called GSE patch from the qualified-mortgage definition, the Urban Institute recommends. The CFPB is required by statute to review the ability-to-repay rule, which includes the QM definition, and issue a final report on its findings by Jan. 10, 2019. One of the most important elements of the review could be the fate of the “GSE patch,” which is set to expire in January 2021, or on the day ...

Wells Fargo accounted for 15.0 percent of all jumbo mortgages originated during the first half of 2018…