Meanwhile, the thrift’s gain-on-sale profit totaled 121 basis points compared to 127 in 1Q and just 82 in the second quarter of 2014.

Abreu ran GMAC from October 2009 to 2013. He then went to work for Ellington Management Group where he headed originations.

Purchase loans made by Guild totaled $4.4 billion in the first half of 2015, accounting for 66.1 percent of all production.

Operational problems at Trump Financial? It's all history now...

Recently the company opened a new branch office in Anaheim, CA, bringing to 38 the number of C&C branch offices across the nation.

During JPM’s recent earnings call, Lake said “over half” of the new portfolio additions were jumbos and “the other half” were conventional mortgages.

The vast majority of the jumbos were originated by First Republic Bank and have seasoned for an average of 2.4 years.

PennyMac increased its servicing portfolio to $136 billion at June 30, an 18.2 percent sequential gain.

Donald Trump, a mortgage broker too?

The CFPB last week finalized its earlier proposal to extend to Oct. 3, 2015, the effective date for its controversial integrated disclosure rule under the Truth in Lending Act and the Real Estate Settlement Procedures Act: the so-called TRID. “The bureau believes that moving the effective date may benefit both industry and consumers with a smoother transition to the new rule,” the CFPB said in announcing the finalization. “The bureau further believes that scheduling the effective date on a Saturday may facilitate implementation by giving industry time over the weekend to launch new systems configurations and to test systems.” Further, “A Saturday launch is also consistent with industry plans tied to the original effective date of Saturday, August 1.” The ...