With competition for mortgages heating up, United Wholesale and Rocket are increasing their emphasis on purchase mortgages. Margins, meanwhile, don’t look to budge much.

Home Point and UWM earnings reports suggest the GSEs’ new limits on cash window purchases and caps on certain mortgage products took a bite out of the profits of some larger wholesalers.

Sick of hearing about the ramifications of lower gain-on-sale margins? Okay, but declining GOS likely will play a role in the M&A market.

Jumbo mortgages and non-qualified mortgages can generate better margins than agency products. Still, the loans don’t necessarily offer a guaranteed path to profits.

There’s nothing preventing Better.com from becoming a public company by yearend, at least that’s how the lender sees it. But there are doubters.

Layoffs can be good news for lenders looking for an employment bargain. In particular, non-agency shops are looking to hire.

Increases in credit-related income, due to improving economic conditions, are offset by declining margins and fair value losses.

Even though FEMA is not directly responsible for oversight of compliance with flood insurance program requirements, the GAO has suggested Congress prompt FEMA to act.

Retail and institutional investors that bought shares in mortgage IPOs of the past year are feeling glum these days. Most are sitting on losses. Are better days ahead? Hard to say...

Lenders are making moves in anticipation of an uptick in non-QM lending. The wildcard is interest rates.