Brian Benjamin of Two Rivers Mortgage & Investment in Red Bank, NJ, noted that since the bond market rally in late December, “I’ve seen a pickup in calls, but refis are still dead.”

Kurland was given an annual base salary of $900,000 from Jan. 1 of this year until Dec. 31, plus cash and equity incentives.

At press time, the yield on the benchmark 10-year Treasury was at 2.67 percent, the lowest reading in almost 12 months…

Fannie and Freddie tossed out the idea of creating their own internal models as impractical...

First Republic Bank, the top IO lender in the group, originated $1.68 billion of product…

Capital Alpha Partners: “Mnuchin’s job is in danger the same as any cabinet member under Trump...."

A CFPB spokesperson said that 2018 was, no doubt, “a tumultuous year of great change.”

Nonbanks among the top 100 reported a mild 0.9 percent drop in new business, while depository institutions saw production fade 4.0 percent.

The investment banking firm Houlihan Lokey has been fielding offers for Ditech…

However, servicing income was down substantially…