JPM and Wells do not use loan brokers, avoiding the wholesale channel. Both have large warehouse lending programs and acquire mortgages from the nonbanks they also finance.

Anthony Hsieh's advice for the mortgage industry: Start selling...

Habib told IMFnews that if yield on the benchmark breaks 3.25 percent it could quickly shoot up to 3.63 percent…

The massive tax cuts the president and GOP bestowed on the nation late last year have spurred economic progress. It’s hard to argue with that, but...

HSBC will pay $765 million to settle charges brought by the Department of Justice...

Meanwhile, the largest potential deals looming over the market continue to be Ditech Financial and loanDepot…

Analyst Henry Coffey: “It is worth noting, given expected home price appreciation, that a flat mortgage market should translate into a 4 percent or greater decline in actual mortgage unit count.”

Fix-and-flip lender LendingHome, San Francisco, has surpassed the $3 billion market in originations...

With originations expected to fall, lenders of all different stripes are carefully examining their staffing needs…

One source familiar with Eli Global’s mortgage operations said layoffs have occurred at the company’s mortgage unit...