PHH Corp., for years, has been trying to unload its entire mortgage franchise, a process complicated by both regulatory sanctions and large accounting losses tied to declining interest rates.

Nondepositories now dominate FHA production after several large banks exited the government program due to growing concern over potential liability arising from federal lawsuits…

What? Democrats won't help in changing the Dodd-Frank Act?

The business that Flagstar will acquire has 250 correspondent relationships that account for roughly $7 billion in production tied to agency and GSE loans.

Fannie Mae saw the biggest drop in refi volume, a 30.2 percent decline from December…

SFIG noted that a complete repeal of risk-retention requirements “is likely neither appropriate nor probable.”

PFSI is forecasting that by the second half of 2017 it will be originating $40 million to $60 million per quarter in multifamily loans.

Tom Hutchens of nonprime originator Angel Oak Mortgage Solutions said his shop presently employs 44 wholesale account executives and plans to hire 60 more over the next 18 months.

When commercial banks run screaming from a business, it usually opens up a huge opportunity for nonbanks…

Jumbo production increased significantly for some lenders during the fourth quarter and declined for others, according to a preliminary analysis of jumbo originations. Among four banks that publicly disclose their jumbo volume, First Republic Bank and Flagstar Bancorp posted increases compared with both the third quarter of 2016 and the fourth quarter of 2015. BofI Holding and EverBank Financial reported declines in jumbo production. First Republic originated $3.06 billion of single-family ...