Meanwhile, one mortgage executive told us that earlier in the year Impac approached his shop about a sale. This executive, who did not want his company identified, turned Impac down…

From July to August, UWM grew its production by roughly 40 percent, noted company CEO and President Mat Ishbia…

Fannie, Freddie and Ginnie issued a combined $138.25 billion of single-family MBS in August, their strongest aggregate monthly output since July 2013.

And one big no-no, the consulting firm points out, would entail the new owner making substantive changes to loan officer compensation plans…

Candidate Clinton noted: “But when community banks and credit unions offer mortgages, they’re looking to invest in their neighborhoods and communities to help them grow and prosper…”

More legal headaches for Ocwen? Looks that way...

Mortgage warehouse providers ended the second quarter with $55.0 billion of commitments on their books, a 10.0 percent sequential improvement in a red-hot origination market, according to survey figures compiled by Inside Mortgage Finance. Compared to the same period a year earlier, commitment volumes were up 12.2 percent. But the real story was in lines drawn and “average outstandings,” which rose substantially. At Southwest Bank, for example, its commitment level increased...[Includes one data table]

The largest chunk of collateral is located in Florida at 29.6 percent. Maryland is a distant second at 15.3 percent.

In the fourth quarter of last year, Walter/Ditech made a decision to exit the consumer retail channel, selling branches where possible and laying off staff.

UI’s Laurie Goodman said borrowers who took out mortgages in the past five years are better at paying their mortgages than any other group of mortgage borrowers in history.