“Are there bargain hunters out there?” asked one servicing executive. “To some extent, yes.”

It’s not clear how many of the consumers with unauthorized accounts had mortgages with Wells, though the megabank and its peers have put an emphasis on cross-selling financial products to jumbo customers.

At Santander Bank, commitments improved by 2.1 percent to $2.4 billion while outstandings jumped 33.3 percent to $1.6 billion.

Cash-flow underwriting for mortgages on investment properties also may present regulatory concerns…

It's hard out there for a hedge fund (suing the government regarding the GSEs)...

Thank you 'Brexit:' Some analysts now believe the industry will surpass 2015’s origination total of $1.735 trillion.

Another reason for the cut in fees: rural housing delinquencies and foreclosures are at record lows.

Angel Oak also has a much smaller division, Angel Oak Prime Bridge, that originates nonprime mortgages for investment properties.

Meanwhile, while the jumbo securitization rate during the quarter was a paltry 0.8 percent…

Meanwhile, many mortgage companies that specialize in production are posting strong profits…