Personnel expenses averaged $5,195 per loan in the second quarter, down $704 from 1Q18…

But Wells Fargo dominated in the correspondent channel with a 20.9 percent market share...

The tax code includes several provisions that address whether the exchange of property is subject to taxation.

HECM originations plunged 40.9 percent in the second quarter as tighter reverse-mortgage regulations limited the product’s appeal to borrowers…

Then again, it’s not the first half that market watchers are worried about – it’s the remainder of the year.

Cowen believes Rep. Maxine Waters will use the post to go after President Trump and his White House team...

The top-five EC lenders are: Redwood, U.S. Bank, Angel Oak, Citi and Citadel Servicing…

Fannie Mae and Freddie Mac continued to report declining balances in their retained mortgage portfolios during the second quarter – with a few wrinkles. [Includes one chart.]

Both government-sponsored enterprises are comfortably within the maximum $250.0 billion mortgage portfolios they are permitted to have under the terms of their conservatorship.

The Federal Housing Finance Agency this week stopped Fannie Mae and Freddie Mac from financing corporate landlords that buy single-family rental properties – sometimes in bulk – declaring that SFR operators do not need the “liquidity provided by the enterprises.”