The year 2020 is on the edge of greatness as third-quarter mortgage originations climbed to $1.14 trillion, just shy of the all-time record set 17 years ago. (Includes two data charts.)

A new rule proposed by the FHFA this week would ensure Fannie Mae and Freddie Mac “stay focused on their core mission and do not stray into business the market already serves well” after they exit conservatorship.

The qualified-mortgage patch will stay in place until the “mandatory compliance date” for the new general QM definition, which the bureau is still working to finalize.

Loan underwriters are in such demand that some mortgage lenders are seeing their staffs get poached. What’s a CEO to do?

A funny thing happened to loanDepot on its way to a supposed initial public offering: A debt offering. Yield? We don’t know.

Booming refi business is generating strong profits for nonbank lender/servicers, easing concerns about liquidity. Still, some nonbank servicers are calling on the Federal Home Loan Banks for financing lines.

A few weeks back there was some hope that, perhaps, the GSE adverse market fee might get scrapped. Not so. Meanwhile, Ocwen keeps trying to turn things around.

A barn-burner origination quarter for the megabanks? JPM staged a nice comeback during the July-September cycle but Bank of America lagged.

To address capacity constraints amid the refi boom, lenders are using overtime and hiring temporary workers. One concern is that extended use of overtime reduces morale among employees.

Wall Street is pitching mortgage IPOs left and right these days, but not everyone is taking the bait. Case in point: Freedom Mortgage.