Otting's appointment is effective July 1. He has not yet been named to serve on any board-centric committees, which carry extra pay.

Mortgages from HomeXpress account for 18% of the pending $363.2 million non-QM MBS from Lone Star Funds.

Correspondent production of conventional-conforming loans fell 17.3% on a quarterly basis, reducing the channel’s share to 36.7%, the lowest reading in the past five years.

To some, the rule's $243 billion minimum leverage capital requirement means the GSEs can’t generate enough profits to attract investors...

Nonbank mortgage giants such as UWM and Quicken are hiring hundreds of mortgage workers during the pandemic. Commercial banks, not so much...

The survey was based on responses from 336 lenders, 81% of which are nonbanks. Firms in the study originated, on average, $728 million of loans in 1Q20.

The lender becomes liable for the indemnification payment if the property goes into foreclosure and results in a claim to the Mutual Mortgage Insurance Fund.

All three agencies recorded declining purchase-mortgage volume...

The new unemployment report from Uncle Sam is out Friday morning. It will not be pretty...

To boost public issuance of non-agency MBS, the SEC is considering changing disclosure norms for the transactions...