Wells Fargo is the nation’s largest home lender and a bellwether for the overall market.

Now, eligible condo loan borrowers can take advantage of the appraisal waiver if ACE deems it unnecessary.

Second-ranked JPMorgan Chase reported a hefty 48.3 percent decline in mortgage sales.

The figures show that compared to the first quarter of 2017, both JPM and Wells greatly reduced their FHLB borrowings…

Virtually all of the repurchase activity is now focused on newer production.

Incenter Mortgage Advisors, Denver, is getting ready to launch a flow MSR marketplace of its own…

Leon Cooperman has been increasing his stake in Ocwen Financial and now owns about 11 percent of the firm…

Applications have picked up in April, May and June but firms that focused too heavily on refis are now feeling the heat.

GSE mortgage sellers repurchased a slightly larger volume of defective single-family mortgages during the first quarter of 2018, according to a new Inside The GSEs analysis.During the first three months of the year, lenders repurchased or made other indemnification on $240.91 million of home loans sold to the GSEs, a 4.6 percent increase from the record low set in the fourth quarter of 2017. Buybacks of Fannie loans were up 27.2 percent, but ... [Includes one data chart.]

Just as optimistic talk of GSE reform was fading, in a surprise move late this week the Trump administration revealed a proposal to end the 10-year conservatorship. The gist of it is to reduce the GSEs’ footprint in the housing market through more competition and provide an explicit U.S. guarantee on conventional mortgage-backed securities that is separate from the federal support for low- and moderate-income borrowers.The three-page proposal, billed as a reorganization plan, is part of a larger “Delivering Government Solutions for the 21st Century” publication revealed on June 21. “This proposal would reorganize the way the federal government delivers mortgage assistance and go beyond...