“We didn’t observe any meaningful change in purchase loan application trends compared to earlier years,” said Archana Pradhan of CoreLogic.

One former loanDepot official had this to say about the rumor: “It makes sense. loanDepot has plenty of loan officers handling inbound leads. Amazon could create a ton more and compete with Quicken….”

Law professor J.W. Verret on Kathy Kraninger: “She doesn’t have experience with financial markets…”

Also, credit unions and thrifts both increased their MSR holdings...

KBRA assigned preliminary AAA ratings to the MBS with credit enhancement of 6.00 percent on the senior tranche.

At $10.3 billion, the package is believed to be one of the largest in the auction market right now.

If the deal comes off, loanDepot employees will receive free Amazon Prime accounts…

Eli Global is hardly a household name in residential finance, but the privately held investment firm aims to be a player in the industry by purchasing mortgage companies and running them as separate entities.

President Trump this week nominated a little-known White House budget official to run the Consumer Financial Protection Bureau, effectively allowing Mick Mulvaney to stay as the agency’s acting director, possibly until 2020.

When it comes to counter-party risk, Ginnie Mae isn't messing around...