Bank of America isn't severing all its ties to realtors...

loanDepot’s initial public offering of stock – $100 million is the target capital raise – is viewed as a bullish sign for the mortgage industry, especially nonbanks, but don’t expect a long line of imitators, at least not yet. Advisor Joe Garrett, who runs Garrett, McAuley & Co., isn’t quite sure what to make of the recent IPO news, stating bluntly: “I’m sure it will get a lot of ‘wannabes’ hot and bothered.” Garrett noted...

In the past year and a half, banks have started holding an increasing share of conventional conforming mortgages in portfolio instead of securitizing them through the government-sponsored enterprises. Industry analysts suggest GSE guaranty fees are the reason. In the first half of 2015, 91.6 percent of the estimated $442 billion in originations of conventional conforming mortgages were included in mortgage-backed securities. In 2013, 97.0 percent of the estimated $1.17 trillion in conventional conforming originations were securitized, according to an Inside Mortgage Finance analysis. “Securitizing conforming mortgages in agency MBS has become...

According to a rate sheet, the minimum loan amount on the rental properties is $250,000 while the minimum number of properties is five...

Moody’s found that completed foreclosures for bank-serviced loans in Florida averaged 1,077 days or three years...

Bank returns on mortgage activities turned sharply negative during the recession of 2007 through 2009 before rebounding and becoming consistently positive by early 2011.

Meanwhile, it would appear that the revolving door for mortgage CEOs might be taking another spin soon...

Sen. Corker, a Republican from Tennessee, no longer wants to kill Fannie and Freddie outright...

Ginnie Mae has expressed concern about the influx of nonbanks into its MBS program and their ability to remain as active participants.

On its largest MSR auction of the year, MountainView said the high bid came in at a multiple of 3.95-times the servicing fee.