So, you doubt our 2Q origination estimate? Here’s what an executive from a top-five warehouse bank told us: “We’re experiencing a significant pick up in outstandings."

According to a copy of the offering circular provided to IMFnews, Quicken accounts for 32.86 percent of the loans.

Suddenly, REITs are entering into alliance deals regarding jumbo mortgages. Five Oaks Investment is the latest.

We know of some veteran mortgage bankers who believe the “fix and flip” housing market is getting overheated. One lender told us he fears a severe correction could hit California…

Non-QM origination volume could rise above $400 billion a year if the GSEs are no longer in conservatorship. Of course, Fannie and Freddie are nowhere close to doing that...

Impac anticipates that 90 percent of its non-QM volume will come through the correspondent and broker channels.

An early analysis of second quarter loan level data suggests that residential originations were a little better in the April to June time-frame than some might believe. See this website on Thursday for more information…

All of the loans that were not reviewed were originated by First Republic Bank. The rating agencies indicated they are comfortable with the lender’s underwriting process.

The payment amounts to the borrowers range from several hundred dollars to $125,000, according to the Independent Foreclosure Review audit.

Will loan production in the second half surprise the naysayers? Will non-QM lending take off? Stay tuned...