Loan brokers, on the other hand, added 1,100 full-timers in May, bringing their employment count to 93,700. Over the past 12 months, brokerage firms have added 8,500 workers.

Finance of America sees an opportunity in mortgage servicing rights...

Refinance activity continued to drive Fannie/Freddie MBS issuance, but purchase-mortgage activity has still not caught fire...

Lenders must conduct desk reviews of appraisals based on FHA standards...

Steve Harris of MIAC: “There are many folks looking to hedge, but only until they can sell into a reasonable [MSR] bid.”

n the first quarter, the top three HECM originators (American Advisors Group, Reverse Mortgage Funding and Finance of America Mortgage) accounted for $1.04 billion, or 26.8%, of total production…

Although the outlook for mortgage-investing REITs has improved since the Fed began buying agency MBS in March, it has not necessarily been evident in their dividends.

The declines were fairly consistent across most of the major correspondent platforms.

Ginnie Mae said it is concerned that issuers could abuse buyouts and "undermine the integrity of the MBS program."