Spector will report to Kurland, who founded the PennyMac family of companies in 2008, two years after being forced out of Countrywide Financial Corp.

Chase, which often has wide swings in its monthly GSE activity, increased its Freddie issuance by 46.1 percent from October to November, while reducing its Fannie activity by 2.5 percent.

“Roughly 30 to 40 percent of our customers are eligible to waive escrows,” said UWM CEO Mat Ishbia.

Some industry executives believe the recent spike in interest rates could prove temporary.

PIMCO believes the CFPB should expand the available post-consummation cures under the rules to cover good-faith errors made on the loan estimate form…

At least four names have surfaced for the FHA job in the Trump administration...

PHH, the nation’s eighth largest originator, has offered no guidance on when it might file, except to say, “We will file no later than that date [Dec. 22].”

No 2016 volume figures were available on SoFi, though last year the privately held nonbank funded $372.2 million, according to one presale report.

However, some nonbank executives feel that with originations expected to decline in 2017, it may time to cut back on compensation paid to LOs.

Freddie Mac believes that refis will decline by 53.0 percent from 2016 to 2017…