Nine nonbanks reported a combined net loss of $339.5 million on mortgage-banking activity for 2Q16, but that was actually an improvement...

Meanwhile, it’s anticipated that private equity firms could play an even larger role...

The top revenue generator for MBA was membership dues at $18.24 million. Its annual convention took in $7.5 million while all other conferences generated revenue of $17.70 million.

FB also services roughly $4.02 billion in residential loans…

The call-report data pose an interesting, and contrary, view of the banking industry’s mortgage-banking activity during the second quarter…

Investors are more willing to buy non-QM loans as long as they are Alt A in nature, industry sources told Inside the CFPB…

Depositories also added to their Ginnie Mae pass-through investments, but by only 0.7 percent…

PennyMac also is pursuing new initiatives to grow seller relationships with credit unions and smaller banks…

Of course, it’s debatable how many LO jobs might disappear through automation...

Commercial banks and savings institutions reported a combined $3.581 billion in mortgage-banking income during the second quarter of 2016, according to a new Inside Mortgage Trends analysis of call reports. That was up 8.3 percent from the $3.307 billion the industry reported for the first quarter of 2016. For the first six months of the year, banks reported $6.888 billion in mortgage-banking profits, down 31.7 percent from the same period in ... [Includes one data chart]