Many lenders reported the pleasant confluence of rising origination volume and stronger gain-on-sale margins.

Underwriting overlays established by lenders also will limit some potential borrowers from purchasing homes in the coming years.

Company CEO Mat Ishbia also believes that the loan broker channel is beginning to gain market share, a sentiment borne out by others in the industry.

Could another former subprime mortgage executive be reentering the game?

The bid deadline is May 12 and according to Prestwick, the seller wants to “start deliveries as soon as possible.”

On the issue of mini-correspondent lending, a group of secondary market investors has offered alternative criteria it recommends the CFPB use...

Former FHA chief David Stevens said use of the False Claims Act as a “legal sledgehammer will now be tested by one of the highest quality FHA lenders in the nation.”

Impac originated $2.85 billion of loans in 1Q15, a figure that includes production from CashCall.

Grid Financial consultant Paul Hindman is a true believer in brokers as is Mat Ishbia of United Wholesale Mortgage.

Most lenders already doing business with Fannie Mae and Freddie Mac expect to offer the new low-downpayment options available from the government-sponsored enterprises, though few expect to see much pickup in their originations. A new Fannie survey found 81 percent of lenders intend to offer the 97 percent loan-to-value ratio mortgage sometime this year. About 8 percent said they’re not interested and the rest weren’t sure. But of those planning to offer the product, only ...