The bank retreat from agency MBS servicing is mostly taking place at the top…

Expanded-credit mortgages accounted for less than 3 percent of total first-lien originations in the first half of this year.

Although servicing brokers posted brisk sales figures for the first half of the year, the third quarter has been tepid, with buyers catching their breath while trying to figure out their next move.

Three megabanks account for an outsized share of first liens held by banks: Wells Fargo, JPMorgan Chase and Bank of America.

A spokeswoman for bemortgage said the lender’s staff will be kept in place…

The FHA has proposed a similar user fee but has been denied repeatedly by Congress…

Recently, Inside Nonconforming Markets published its second quarter ranking of expanded-credit lenders, but Deephaven did not appear.

Meanwhile, Hindman doesn’t see Amazon or Google buying an existing mortgage franchise...

The megabank is not commenting on how the cuts might affect specific business units...

Wells Fargo is getting closer to returning to the jumbo mortgage-backed security market, according to John Shrewsberry, a senior executive vice president and chief financial officer at the bank. “We will be securitizing some of our jumbo loans, which has been a dormant market for a long time, but just as a method of demonstrating liquidity and getting market pricing,” he said last week at a conference hosted by Barclays. Wells has been plotting a return to the non-agency MBS market for ...