By comparison, commercial banks must have tier 1 capital of 8.0 percent of risk-weighted assets.

Mortgage brokers actually gained some share in the government market…

A 34-year veteran of the home lending industry, Goulding also worked for Wells Fargo Home Mortgage…

JMP likes the higher profit margins that accompany non-QM lending…

The AAF warns against the GSEs becoming private entities again, noting there’s no way for them to raise enough capital…

Besides selling RFC, the publicly traded FNB is consolidating 20 of its branches in a cost cutting move.

The banks that report rates that form the basis of LIBOR won’t be required to participate in the survey after 2021…

Consultant Joe Garrett: "Salesmen don’t get paid less just because the company didn’t do well..."

With razor-thin production margins becoming the norm this year, some originators are thinking about, or moving ahead with plans to trim the compensation levels of their most valuable asset: loan officers.

The incidence of defects in mortgage loan applications has decreased significantly in the last five years, according to First American Financial’s Loan Application Defect Index.