In 2016, Movement Mortgage added 201 branches in five states. It now has 662 locations in 47 states.

Of course the bigger question is this: what role, if any, will the Fed play in deciding the future of Fannie and Freddie?

Even though PennyMac fared slightly worse than the total market, its first-quarter downturn was less severe than Wells Fargo’s.

There is a new boss in the Ginnie Mae mortgage-backed securities market. PennyMac Financial rose to the top of the issuer ranking in the first quarter of 2017 despite a sharp decline in volume, according to a new analysis and ranking by Inside FHA/VA Lending. PennyMac issued $10.78 billion of single-family Ginnie securities during the first three months of the year. The figures in this analysis are based on Ginnie loan-level disclosures, which truncate loan amounts to $1,000 increments. PennyMac’s first-quarter production was off 27.9 percent from the fourth quarter of 2016, a slightly bigger decline than the 24.8 percent drop in overall Ginnie issuance. Even though the firm fared slightly worse than the total market, its first-quarter downturn was less severe than Wells Fargo’s. Wells has been the top Ginnie producer for a long time, as well as the top player in most segments of the ... [ Charts ]

December 2016 represented the 56th straight month of annual home price appreciation, with values rising 5.5 percent over the course of the year…

The agency has acknowledged the need for a commissioned examiner program to provide classroom and on-the-job training…

For Wells, the bigger question might be: did its “account fabrication” scandal of 2016 (which is still reverberating at the company) affect its mortgage business?

Home equity lending at First Republic totaled $414.3 million in the quarter, off 8 percent from the prior period.

Then again, compared to the same period a year ago, Wells' production is just about flat...

“Ever since Trump was elected, we’ve been so busy,” said Citadel founder and CEO Dan Perl…