Overall, banks and thrifts sold $165.10 billion through their mortgage banking operations during the second quarter, up 34.5% sequentially…

KBW this week significantly hiked its price target on Fannie/Freddie common to $3 and $4 a share, respectively. For years, KBW’s price target for GSE common was a mere $1.

 Fitch said the referenced mortgages will remain on balance sheet as unencumbered assets of JPMorgan Chase.

Departing GSE executive David Lowman: “With over six years at Freddie Mac, I want to take advantage of opportunities presented by the rapidly evolving mortgage finance marketplace and its adjacent industries."

Although Brian Montgomery has been sworn in, he still faces a hearing in the Senate. Meanwhile, the Senate’s time might be taken up with a possible impeachment trial…

The gain in retail market share came at the expense of both correspondent and wholesale-broker originations.

However, it was a different picture in terms of complaints regarding credit reports…

In the second quarter, lenders funded $565 billion, an eye-popping sequential gain of 59.2%. It’s anticipated that the fourth quarter will yield the same, if not more.

The former Fannie Mae executive is not shy about expressing his views...

Cagney’s name should be familiar to mortgage professionals. He also founded fintech lender SoFi…