The privately held Stearns Lending is already “offering mortgage banking services” to the homebuilder’s customers…

Margaret Sweeny, the judge presiding over the case, is growing increasingly frustrated with the government’s attempt to keep documents out of the public domain

So, what’s wrong with banks and financial service companies offering sales quotas? Nothing at all, if...

Despite improvement in securitization returns, jumbo whole loan sales are still more profitable, KBW said.

In fact, these two categories are responsible for more than 75 percent of all defects.

“We’re extremely concerned the CSP would be transferred to a nonprofit or a corporation where the board members include executives from JPMorgan Chase or GE Capital,” CMLA's Corso said.

The analysis, the first of its kind, was based on new Inside Mortgage Finance surveys that drew results from a broad sample of banks and nonbanks of all size classifications.

What’s the market potential for nonprime/non-QM lending? Maybe $100 billion a year…

Impac presently has a market capitalization rate (stock price multiplied by number of shares) of $167.6 million.

With rising origination volume and solid gain-on-sale margins, the business of originating and selling home loans generated substantially more earnings during the second quarter of 2016, according to a new Inside Mortgage Trends analysis of earnings reports. But the servicing side of the business had trouble generating positive income after taking into account gyrations in mortgage servicing rights valuations and the hedges lenders place on these assets ... [Includes one data chart]