Founder and CEO Vishal Garg earned $25.3 million in 2020...

Over the four-month period from May to August, Fannie and Freddie purchased $46.18 billion of IPL and SHL loans, down 47.9% from the first four months of the year.

The SFVegas conference typically takes place in February, though the 2021 edition was postponed a few times due to the pandemic.

Originations through mortgage banking platforms fell 7.8% from the first to the second quarter.

Thompson was more elusive about the question of whether LLPAs should be eliminated...

In the purchase market, the share of loans with credit scores ranging from 620 to 699 rose from 10.75% in the second quarter to 12.00% in the third quarter.

Among originators, loanDepot ranks sixth, among servicers 22nd...

One caveat: Only the most well-heeled companies came to market, leaving originators with weaker prospects to tap their bank lines or enter into new or amended master repurchase agreements...

Hundreds of lenders took PPP money, but given their strong profits, should they ask for federal forgiveness?

Veteran loan broker Michael Foote called it, “Good marketing more than anything, but they’ll just stack the loans and then sell them as soon as the new loans can be delivered…