CoreLogic is touting a new on-demand service that makes residential condominium lending a less strenuous process for lenders even as Fannie Mae and Freddie Mac warm up the market with policy changes to drum up new business. The new service, CondoSafe Express, simplifies condo lending by taking over the extra layer of work lenders must perform to originate a condo loan. “Lenders not only have to get a borrower’s credit report, verify income and ... [Includes one data chart]

California remained the biggest market in the U.S. for primary mortgage insurance during the second quarter, but other states had higher proportions of insured loans, according to an Inside Mortgage Trends analysis of agency loan-level data. In Florida, Virginia and Georgia, more than 60 percent of agency loans carried some form of primary mortgage insurance ... [Includes one data chart]

Of course, there are some in the industry who will argue Fannie and Freddie are hardly zombie-like at all...

At times, LendingTree’s share price has been highly volatile…

MBA Chairman-Elect Chris George said the CFPB could make some adjustments to LO comp regulations, providing lenders with more flexibility…

The Minneapolis-based depository posted $191 million of mortgage banking revenue for the second quarter…

Some Wall Street firms are now quietly extending repo lines to originators of non-QMs...

Nationstar said it continues to “evaluate significant servicing growth opportunities” and expects to end 2018 with at least $530 billion of MSRs...

The company released an estimate of earnings for the second quarter of 2018, forecasting a profit of $2.6 million to $3.2 million on revenues of about $142.1 million.

Most of the ads we see tend to come from nonbanks such as Quicken, loanDepot and CashCall…