Mr. Cooper plans to increase its staff by more than 50% this year, with many of the hires focused on mortgage originations.

LOs earned 59% more in the second quarter of 2020 compared to the same period a year ago, according to figures compiled by LBA Ware...

With four months still to go, 2020 already ranks as the second-highest year ever for Fannie/Freddie single-family business.

If the LLPA is passed to consumers as a charge at consummation, lenders will have to disclose the added cost as an “origination charge” on the loan estimate and closing disclosure.

Commercial banks and thrifts posted a whopping $5.62 billion in net income from their mortgage banking operations during the second quarter.

The $100 million securitization consists of bridge loans for both owner-occupied and business-purpose properties.

Black Knight said 3.9 million homeowners remain in forbearance...

A California version of the CFPB? The Golden State boasts the largest mortgage market in the nation...

Roughly $5 billion worth of expanded-credit loans were stranded, looking for a home but investors wouldn’t bite unless the originator/seller was willing to take a major haircut on the sale. And many did.

Higher delinquencies should lead to more Fannie/Freddie loan buybacks, but we're not there yet, thanks, in part, to forbearance...