The megabanks shed a combined $48.75 billion of GSE servicing during the third quarter…

Flagstar’s origination business was aided, in part, by its acquisition earlier this year of Opes Advisors...

It was thought that Quicken Loans, the nation’s largest nonbank funder, might follow loanDepot’s lead and enter the arena, but so far no...

Although Walter will file for bankruptcy, Ditech Financial LLC and Reverse Mortgage Solutions will not...

A little over two years ago, nonbank mortgage giant loanDepot unveiled a second-lien lending program, paving the way for some of its peers to enter the space. But so far, few have stuck their toe in the water. Moreover, it doesn’t seem as though loanDepot is exactly lighting the world on fire with the product, but that could change in the quarters ahead, especially if rates rise and consumers opt to tap equity by taking out a second. loanDepot declined to talk about its program and ...

For the nonbanks, the bellwethers to watch will be Quicken Loans, Freedom, loanDepot and United Wholesale…

BRAWL chief Tony Casa said if loan brokers want to send a message to firms that operate in both wholesale and retail, brokers should take their business elsewhere.

The secondary market in transfers of agency mortgage servicing rights continued to gain momentum during the third quarter of 2017 as long-time players in the mortgage industry executed plans to shift strategy. A new Inside Mortgage Trends analysis of agency mortgage-backed securities disclosures shows an estimated $150.80 billion of Fannie Mae, Freddie Mac and Ginnie Mae servicing changed hands during the third quarter. Much of the activity reflected ... [Includes three data charts]

Shopping timelines for purchase mortgages are continuing to shrink, according to a new study by LendingTree, an online loan marketplace based in Charlotte, NC, confirming a broader downward trend identified as well by Ellie Mae, a cloud-based platform provider in Pleasanton, CA. Much of the progress was attributed to the digitalization of the mortgage process. LendingTree analyzed data from a sampling of more than 5,000 closed loans from March 2016 through May 2017 ...

A higher share of Baby Boomers are carrying mortgage debt in retirement than previous generations, prompting concerns about potential foreclosures and other financial issues, according to an analysis by Fannie Mae. “Even with the post-recession acceleration in free-and-clear homeownership, Boomers appear unlikely to attain mortgage-free retirements at the same rate as the predecessor generation,” Patrick Simmons, a director of strategic planning in Fannie’s economic ...