Wells Fargo Co. ranked third with $21.1 billion of ARM originations in 2016…

The compensation figures for both men include salary, stock awards and other forms of income.

Despite these developments, FBR Capital Markets analyst Edwards Mills said passage of the Hensarling legislation is unlikely. “We continue to believe that major Congressional action on financial regulation is a 2018 event,” he writes in a new client note.

In June of last year, DeMarco co-authored a Milken Institute white paper entitled “Why Housing Reform Still Matters." In it, he argues: "…we need to preserve the liquidity and capacity of an active, globally financed MBS market…”

One trade group said Phillips has already reached out to the industry, gathering opinions on key issues facing the market, including Fannie and Freddie…

In a March 24 advisory, the Treasury Department announced its change of heart regarding the legal structure of the FHFA…

LenderLive hired a majority of the former PHH employees and rebranded the private-label facility...

CEO Mat Ishbia said the interest-rate issue concerned just 5 percent of the lender’s loans that were closed in California between 2011 and 2014. “We didn’t benefit one penny and not one borrower was harmed,” he said.-

Jeff Detwiler, president of Long & Foster, which also owns a mortgage banking firm, said the company’s attrition rate “is at its lowest.”

A new Inside Mortgage Trends analysis reveals that the supply of mortgages originated in the wholesale-broker market fell 42.8 percent during 1Q17…