No 2016 volume figures were available on SoFi, though last year the privately held nonbank funded $372.2 million, according to one presale report.

However, some nonbank executives feel that with originations expected to decline in 2017, it may time to cut back on compensation paid to LOs.

Freddie Mac believes that refis will decline by 53.0 percent from 2016 to 2017…

The FHA commissioner in the Trump White House will have final say on the key issue of adjusting FHA premiums and loan sizes, and likely would have input on GSE reform.

Financiers hope the new AA will increase liquidity for nonbanks that play in the Ginnie market…

Consumer complaints to the CFPB about their mortgages fell by 8.2 percent in the August to October 2016 period compared to the same time frame a year ago, according to a new report from the CFPB. The bureau registered 11,587 borrower gripes about mortgages during the August-October 2015 period, the agency’s latest monthly consumer complaint report indicates. One year later, that total had fallen to 10,642. Criticisms about virtual currency dropped even more, by 66.7 percent, and those related to prepaid accounts plunged further by 67.2 percent. That being said, mortgage complaints are still among the top three topics the bureau receives gripes about, after debt collection and credit reports. (With one data graph and two data charts.)

Then, if the heads of the executive agencies didn’t comply, President Trump could fire them.

Some of the debt-to-income ratios in the new SoFi MBS are below 20 percent.

With refis drying up, Ally is ready to launch a direct-to-consumer mortgage effort…

JPMorgan Chase readies its fifth jumbo MBS deal of the year...