Mortgages from 51 different originators are included in the deal, led by PrimeLending with a 19.9% share...

A proposed rule regarding credit unions and MSRs is scheduled to be discussed late this week at an NCUA board meeting.

Call-report data analyzed by Inside Mortgage Finance show that banks, thrifts and credit unions housed $371.4 billion of HELOCs on their balance sheets, down 3.1% from the second quarter.

The Micro Mortgage allows DTI ratios up to 50% and LTV ratios as high as 105%. Still, the interest rate on the loan has prompted limited demand...

Roughly 33% said profits will remain the same while 48% expect earnings to decrease...

PlainsCapital plans to retain $30 million to $50 million of mortgages per month...

David Rosenblum, a partner in the firm, said Prophet has “an appetite for billions more.”

The nonbank is also working on an IPO...

November issuance was down 0.2% from October mostly because of weakening purchase-mortgage securitization, which fell 5.0% on a monthly basis.

Nine months through the year, IO production is up 60.0% compared to the same span in 2019...