Fitch Ratings has lowered its loss expectations by an average of 20 basis points for Fannie Mae and Freddie Mac credit risk transfers for the second half of the year. Strong collateral performance coupled with increased home price appreciation and a shorter term to maturity has led to the lower loss projections. In fact, Fitch noted that home prices in the respective pools have increased by 20 percent on average since issuance and 3.5 percent since January.

According to figures compiled by Inside Mortgage Finance, UWM ranks ninth overall among all lenders, and is poised to move up in the rankings...

In July 2017, the vendor named Rob Clements chairman and CEO and John Surface president and chief operating officer. Both came over from EverBank Financial…

Seterus is owned by IBM, but the vendor doesn’t even mention the ownership link to ‘Big Blue’ in the “About Us” section of its website…

HomeStreet continues to deemphasize its role in residential mortgages…

TMS called it a “realignment,” explaining the cuts are part of a plan to “fuel fintech growth.”

The three largest holders of first-liens are Wells Fargo, JPMorgan Chase and Bank of America…

According to sources familiar with the matter, Stearns is looking at other acquisitions as well...

Two years ago, loanDepot scuttled a much talked about initial public offering of stock...

LendingTree founder and CEO Douglas Lebda took home total compensation of $59.6 million last year...