“We don’t recommend that you hire a mortgage broker” for rate shopping purposes, says Consumer Reports magazine...

Despite the sequential jump in buybacks, the fourth quarter total was the second-lowest repurchase amount disclosed by the two...

Bank demand for MBS has increased due to new accounting requirements and a decline in total residential loan production in recent years.

United Wholesale's Mat Ishbia said 20 percent of purchase mortgages are originated by brokers.

The captive insurer is owned by a REIT, a spokeswoman for the district bank said, but declined to name either.

The biggest component in the aggregate portfolio was consumer ABS, which includes student loans, securitized leases and consumer debt other than credit cards, home-equity loans and auto finance...

The catch was that the so-called GSE "patch" would only last as long as Fannie and Freddie remained in conservatorship...

Sources contend that Nationstar Mortgage has ceased bidding on flow deals, preferring to shop for bargains in the conventional bulk market.

This mortgage manager estimates a “good” LO works 50 to 70 hours a week…

After gaining market share in the fourth quarter of 2014, the wholesale-broker channel is poised for further growth, according to Mat Ishbia, president and CEO of United Wholesale Mortgage. “Wholesale brokers are making a comeback,” Ishbia said this week during a webinar sponsored by his firm, which was the second-ranked lender in the broker channel in 2014, according to Inside Mortgage Finance. “We see it growing again in the first quarter, second quarter and beyond ...