The layoffs “were in various departments and locations, but the majority of them were in corporate (administrative) departments at our headquarters,” spokesman for the company told IMFnews.

“We’ve seen a huge uptick in FHA streamlines with everyone waiting to order new case numbers,” said company president Eddy Perez.

Buybacks and indemnifications by Fannie Mae and Freddie Mac sellers fell sharply during the third quarter of 2014, according to an analysis by Inside Mortgage Trends, an affiliated newsletter. The two government-sponsored enterprises reported a total of just $543.1 million of repurchases and indemnifications of securitized mortgages in disclosures filed with the Securities and Exchange Commission. That was down a whopping 68.7 percent from the second quarter and was, by far, the lowest quarterly buyback total since the GSEs started disclosing such activity in early 2012. In fact, Fannie and Freddie withdrew...

Marc Savitt, president of the National Association of Independent Housing Professionals, pointed to a flaw in the beta version of Rate Checker: it doesn't show the annual percentage rate.

Meanwhile, JPM marked down the asset value of its residential servicing portfolio to $7.436 billion at Dec. 31, 2014, a 10 percent reduction from 3Q14.

The CFPB found that 70 percent of mortgage customers rely on their lender or broker to obtain loan pricing information.

Patrick Flanagan, Cove’s CEO, was once the president of New Century Mortgage, a now-defunct subprime giant

How much a loan officer earns can be determined by where his/her leads come from.

Since early September, at least 14 mortgage company acquisitions have been announced publicly, according to a database of deals compiled by Inside Mortgage Trends.

The average credit score on the 10th percentile of purchase mortgages increased from 555 in 2000 to 655 at the end of the third quarter of 2014.