While the deal includes many non-QMs and IOs, along with a “tier 3” representation and warranty framework, the senior tranche of the MBS will include credit enhancement of 5.75 percent.

Usually, when a lender consolidates sales units, a certain amount of workers are let go...

Bank of America once again ranked first as the top home-equity lender in the nation, although its production fell 17.7 percent…

The FHFA’s mention of servicing liquidity is an acknowledgement of the growing market share gains by nonbanks.

Lenders should never make unrealistic promises when recruiting loan officers, said one webinar panelist…

“Roughly 30 to 40 percent of our customers are eligible to waive escrows,” said UWM CEO Mat Ishbia.

Some industry executives believe the recent spike in interest rates could prove temporary.

PIMCO believes the CFPB should expand the available post-consummation cures under the rules to cover good-faith errors made on the loan estimate form…

At least four names have surfaced for the FHA job in the Trump administration...

Chase, which often has wide swings in its monthly GSE activity, increased its Freddie issuance by 46.1 percent from October to November, while reducing its Fannie activity by 2.5 percent.