Like Freddie Mac, Fannie cautioned that future earnings will be lower because of the company’s mandate to shrink.

The legislation would provide a temporary transitional license and give loan originators 120 days to pass testing standards...

Most firms report the earnings/loss figure in the first or second paragraph of their press release, but not Stonegate Mortgage.

Freddie Mac will send $746 million to the U.S. Treasury under the conservatorship plan that siphons off nearly all the government-sponsored enterprise’s net profit every quarter, but that’s not all the cash being milked from the GSE. During the first quarter of 2015, Freddie sent $219 million to Treasury under the 2011 law that squeezed the GSEs to pay for a continuation of a payroll tax cut for U.S. workers. The levy is 10 basis points of guaranty fee charged by Freddie and Fannie Mae, and it’s a steadily rising amount as a greater share of GSE business is subject to the charge. In the first quarter of last year, Freddie paid...

Now that brokers are gaining traction, the big question becomes: how much more market share can they gobble up?

Fun fact: First Republic was the only bank among the top five contributors to jumbo MBS issued in the first quarter.

Nearly every firm tracked in the Inside Mortgage Finance Large Servicer Delinquency Index reported improvements in mortgage performance during the first quarter...

Among all FHA originators, Bank of America ranks eighth nationwide, based on January figures...

Redwood posted just $2 million in income from residential mortgage banking activities in the first quarter.

“For VA, this is a significant change for the worse,” said Tom Popik, designer of the survey.