Home prices in many areas have fully recovered from the declines seen during the financial crisis, according to a variety of home price indices. While prices above levels seen before the financial crisis could cause alarms about another housing bubble, Sean Becketti, chief economist at Freddie Mac, is seeking to ease concerns. Last week, Freddie economists published an in-depth analysis of home price trends and median household income. They said the house price-to-income ratio appears to be the clearest indicator of the long-run sustainability of house prices. And even the PTI ratios that are relatively high in specific areas don’t necessarily indicate that there’s another housing bubble. “Based on this approach, we’re...

Last year, $18.8 billion in outstanding IOs in non-agency MBS hit 10-year recasts…

Equity Prime Mortgage of Atlanta said it’s hiring in all areas, including sales, servicing, operations and compliance…

Rumor has it that a mid-sized nonbank based in the Western U.S. is entertaining takeover offers...

JPMorgan Chase may not like FHA loans very much, but it certainly has a strong appetite for jumbos, hence the huge growth in its retained portfolio...

MBA said the average pre-tax production profit was 33 basis points in the first quarter of 2016, compared to an average net production profit of 22 bps in 4Q15.

Joe Garrett of Garrett, McAuley & Co. wonders whether the day is coming when the CFPB will take up residence at some of the nation’s largest nonbank lenders.

California led all states in VA mortgage securitization with $5.6 billion, 60.8 percent of which were refis.

A research report from Keefe, Bruyette & Woods estimates that the contract could be worth $20 million to $30 million EBITDA...

According to a statement issued by Guild, the acquisition will make the lender/servicer “one of the largest independent mortgage banking companies in Texas.”