“It was a record month for us,” said Angel Oak executive Mike Fierman.

Ever since the nation’s financial crisis, commercial banks and other depositories have dominated the second-lien business and likely will continue to do so in the coming years, but that isn’t stopping nonbanks from testing the waters once again. According to research by Inside Mortgage Finance, several nonbanks have slipped back into the market, albeit with muted production volumes. And many of the firms that have crept back in are partnering with depositories. The reason for the strategy is...

For years, TransUnion has worked to get mortgage lenders and the GSEs to adopt VantageScore, a move that is still under consideration, according to the Federal Housing Finance Agency.

Citadel now has offices in California, Georgia, Oregon and plans to open an underwriting and transaction location in Salt Lake City soon.

Will the leaked memo lead to confirmation problems for Mnuchin, a Goldman Sachs and Wall Street alumni? Probably not...

But if you think that Wells Fargo will pull a “BofA” and quietly downshift its presence in mortgages, think again.

The new MBS is backed by 4,274 mortgages that have seasoned for an average of 10.6 years.

Wells Fargo, for example, reported that 90.7 percent of its third-quarter jumbo originations came through the retail channel…

Subprime MBS cases continue to haunt Wall Street…

“Home prices cannot rise faster than incomes and inflation indefinitely.” – David Blitzer, managing director of the index committee at S&P Dow Jones.