After pulling back from correspondent lending during 2Q20 amid market volatility, New Residential sharply increased its loan purchases in the third quarter...

A mere $70.81 billion of MSR changed hands in the third quarter, the lowest total since Inside Mortgage Trends began tracking the market in 2015.

Kirstin McMullen, chief financial officer of The Money Source: “Since March, we have all made so much cash, so it’s certainly less stressful"...

The July-September cycle was the strongest production level since the second quarter of 2008, when ABS issuance hit $73.42 billion.

The nonbank is weighing its IPO options. In the interim, it's selling $500 million worth of debt...

In settling with the FHA charges with government, Guild did not admit liability...

Fun fact: 71% of homes were on the market for less than one month.

Among the top 10 lenders for the first nine months, six were nonbanks and four were federally insured depositories. However, the number-10 ranked Bank of America is in danger of being overtaken by Guaranteed Rate.

All totaled, McCarthy will take home $97.5 million today compared to $161.5 million, the high end of the range published last Thursday...

David Brickman, Frater’s counterpart at Freddie, expressed similar sentiments: “Costs have changed. Risks have changed. We’ve put in place an appropriate and prudent response to that change in the external environment for us to support struggling homeowners.”