It’s earnings season and the early results indicate a decent 2Q for most but not all is rosy. Gain-on-sale margins continued to suffer.

Trade groups are focusing on the PSPAs’ impact on the ability of the GSEs to cross-subsidize their affordable housing efforts.

Nonbank originators that have been hoarding MSRs for the past 16 months are sitting in the catbird seat. Some bids are just shy of top dollar. Time to pull the sales trigger?

Have a personal line of credit with Wells Fargo? Cherish it while you can. The bank is yanking the product by summer’s end.

Sandra Thompson’s elevation to acting director from her role as head of housing mission and goals presaged FHFA’s new focus on fair lending practices enforcement.

The Ohio-based bank is winding down its direct-to-consumer mortgage lending business, citing falling margins and diminished refinances.

For the first time since QM standards took effect in early 2014, lenders can no longer rely on the government-sponsored enterprises to obtain QM status for a loan.

The supply of home-equity debt outstanding in the market continued to fall in the first quarter as new originations of HELOCs and closed-end seconds declined 13%. (Includes three data charts.)

The sale of mortgage franchises is picking up but there’s a headwind tied to valuations. Owners are holding out for top dollar.

The mortgage technology vendor hasn’t been profitable since its inception in 2012 and is forecasting losses going forward.