It was a busy week for channel and branch disgorgements with two national lenders announcing transactions they hope will prepare them for a difficult market in 2019.

The flow of conventional mortgages with private mortgage insurance coverage into Fannie Mae and Freddie Mac mortgage-backed securities fell sharply in the fourth quarter – tracking a broader slump in purchase-mortgage business. [Includes three data charts.]

Movement said the acquisition “significantly” expands its presence in the Pacific Northwest and Mountain West…

Bright will earn significantly more working for SFIG than at Ginnie, easily doubling his salary and then some...

New Residential also will buy non-QMs from lenders other than New Penn...

Fannie and Freddie securitized $66.89 billion of single-family loans with private MI coverage during the fourth quarter…

Bright was first nominated to the post by President Trump in May of last year. He had been serving as an EVP at Ginnie.

Four years ago, Leslie Peeler, the Fannie Mae senior vice president in charge of the GSE’s servicing decisions, left the mortgage giant for Seterus.

The non-QM market is booming, said Angel Oak executive Tom Hutchens…

The FHA handbook states that servicers can receive a “financial incentive” for offering forbearance...