The researchers confirmed that homebuilder originations from 2001 through the end of 2008 tended to go to lower credit-quality borrowers compared with originations from unaffiliated lenders.

Sources contend that at least two nonbanks have undertaken due diligence of PHH Mortgage, but so far a deal has been elusive.

It’s no secret that aggressive mortgage banking firms are recruiting top executives and loan officers away from other firms. One of the busiest recruiters that we know of its Mortgage Master of Walpole, MA.

The first quarter of 2014 marked the lowest point in mortgage banking income for depositories since the second quarter of 2011.

One warehouse executive, speaking under the condition his name not be used, said “Luckily for us, compared to January, things are great.”

In the first quarter, among the top ten, the biggest correspondent production gainers were Nationstar Mortgage and Stonegate Mortgage, both nonbanks.

A spokesman for Caliber Home Loans said that many of the lender’s non-agency mortgages will be non-QMs.

If you take away all the one-time gains at Fannie Mae and Freddie Mac, the two are barely profitable. Right?

Bank and thrift MBS holdings were up a modest 1.0 percent from the previous quarter, but it marked the first increase since the third quarter of 2012, when the Federal Reserve began aggressively buying agency MBS and Treasury securities.

Fannie Mae has traditionally reserved the right to invoke margin calls if it needs to.