CEO Messina added: “We are continuing to evaluate possible additional sales of our remaining MSR portfolio and to evaluate the best course of action for our real estate and servicing platforms, which we expect to complete by the end of January 2017.”

Deutsche Bank Securities said there’s been no new information to alter its view that the MIP would be cut this year. “However, we seem to be in the minority,” said research analyst Jeana Curro.

“We’re still hiring a lot,” said United Wholesale CEO Mat Ishbia.

The CFPB did not like the idea of some lenders using an Internet-based tool that aggregates employer data and estimates income based upon each consumer’s zip code, job title, and years worked…

Not too long ago, Stonegate Mortgage began deemphasizing retail in favor of correspondent and wholesale...

Wells Fargo once again ranked first among all agency sellers with $17.6 billion sold to Fannie, Freddie and Ginnie. Quicken was second with $8.46 billion.

Early next year, Fannie Mae will open up the program to other seller/servicers…

By midyear 2017, PennyMac Financial will be table funding mortgages through third-party loan brokers.

Fannie and Freddie are encouraging lenders to include seller information in their UCD files if available...

Fannie Mae this week, in partnership with “fintech” lender SoFi, rolled out a new cash-out refinance mortgage aimed at borrowers who want to tap home equity to pay down their college loans. According to interviews with Fannie officials, the rollout is driven by cutting guaranty fees that usually accompany Fannie Mae cash-out mortgages. Fannie’s average g-fee on new business was...