CBO projects that under current law, the share of new single-family mortgages guaranteed or held by Fannie and Freddie will slowly recede…

Personnel expenses averaged $5,195 per loan in the second quarter, down $704 from 1Q18…

One UWM broker, requesting anonymity, took the offer with a grain of salt: “If someone wants to help the broker and the consumer, they would dump the application fees.”

But Wells Fargo dominated in the correspondent channel with a 20.9 percent market share...

The tax code includes several provisions that address whether the exchange of property is subject to taxation.

HECM originations plunged 40.9 percent in the second quarter as tighter reverse-mortgage regulations limited the product’s appeal to borrowers…

The top contributors to the MBS: Chase, AmeriHome and loanDepot…

Cowen believes Rep. Maxine Waters will use the post to go after President Trump and his White House team...

The top-five EC lenders are: Redwood, U.S. Bank, Angel Oak, Citi and Citadel Servicing…

FHA forward originations increased modestly in the second quarter while Home Equity Conversion Mortgage production hit its lowest three-month volume since late 2012. Forward endorsements totaled $51.6 billion in the second quarter, up 5.4 percent from the previous period. It was a different story, however, at midyear where volume was down 16.6 percent from the previous year. Fixed-rate mortgages accounted for the majority of FHA forwards produced from April through June, ending the quarter with $51.3 billion, up 5.1 percent from the first three months of 2018. FHA adjustable-rate mortgages posted a whopping 88.7 percent increase to end the quarter with $307.4 million. FHA purchase activity rose 19.7 percent, closing the quarter with $41.7 billion, while streamlined refinancing dropped 41.3 percent from the prior period. Conventional-to-FHA refi business also was off ... [Charts]