In the second quarter, the top three HEL originators were Bank of America, Chase and Wells Fargo, according to a new ranking from Inside Mortgage Finance…

UWM isn’t alone among the optimists, but its closest brethren in the “feeling good” club are nonprime/non-QM lenders such as Angel Oak, Citadel and Caliber…

MBA is encouraging members to “evaluate their own security preparedness.”

Drawing to a close, the third quarter of 2017 is turning out to be modestly better than some lenders expected with both profits and production volumes getting a second wind recently thanks to falling interest rates. “We’re having a great quarter,” said Mat Ishbia, president and CEO of United Wholesale Mortgage, Troy, MI. According to Ishbia, not only will UWM post record originations of $8.6 billion in the third quarter, but volume at the privately held nonbank will be about 20.0 percent higher than ever before. According to figures compiled by Inside Mortgage Finance, UWM is...

Keep in mind that Mel Watt’s term as Federal Housing Finance Agency director expires in January 2019...

Residential loan sales by banks totaled $151.79 billion in the second quarter, down 7.3 percent from the previous period.

Subservicers handle 19.0 percent of all homes mortgages in the U.S., Inside Mortgage Finance found…

MUFG Union Bank was the top wholesale lender in the jumbo market by a wide margin.

The Mortgage Bankers Association is projecting that more than 4,600 residential finance professionals will attend its annual convention in Denver next month.

Angel Oak expects that production by its wholesale arm will grow by 62.8 percent this year.