Publicly-traded commercial banks and thrifts saw a modest decline in mortgage income during the third quarter, according to a new Inside Mortgage Trends analysis of earnings reports. A diverse group of 23 banks reported a combined $1.926 billion in mortgage banking income for the third quarter, down 1.8 percent from the previous period. Their combined year-to-date profits totaled $6.132 billion, off 13.6 percent from the first nine months of 2017. All but one ... [Includes one data chart]

John Ryan, president and CEO of the CSBS, compared the potential impact from the fintech charter to issues involving federal preemption of state laws in the lead up to the financial crisis.

The mortgage market was somewhat more top-heavy in the third quarter, with the top 25 lenders accounting for 57.7 percent of total production…

In contrast, Dallas has seen slowing demand for real estate loans...

HUD Secretary Ben Carson had some sobering thoughts about low interest rates...

During the financial crisis, average interest rates on conforming mortgages were much lower than rates on jumbos…

Rick Roque, managing director of Menlo Company, sees tough times ahead as well...

No wonder Ginnie Mae Acting President Michael Bright is nervous: Short-term default rates showed the biggest increases…

Fannie Mae continues to mine for non-existent companies that might show up on the consumer loan applications submitted to its seller-servicers...

Correspondent production accounted for 76.1 percent of Flagstar’s originations during the quarter...