Out as CEO is Brian Hale, who helped groom the company for much of this decade. Hale is departing for a new venture called DCC Holdings.

Ryan went on to say it would be a limited buffer, but it should be large enough to help cover and avoid a draw...

The 14 largest FHA originators were all nonbanks, led by Quicken Loans, Freedom Mortgage and loanDepot.

Marina Walsh, the MBA’s vice president of industry analysis, said mortgage performance has been helped by growth in employment and income...

JPMorgan Chase ranked first in the jumbo production with $10.89 billion…

The VA panel presented several “egregious loan” scenarios involving reviews of several mortgages from 2016 in which lenders were required to sign indemnification agreements.

The plan to raise the standard has been met with hostility by many in the residential real estate industry, said Matthew Pointon, an economist at Capital Economics.

Although it lost money on an accounting basis, its funds from operations, or FFO, came in at $78.2 million compared to $64.3 million for 1Q16.

Montgomery currently serves as vice chairman of The Collingwood Group, a consultancy which he co-founded in 2009.

Alterra Home Loans hired Tom Middleton as senior vice president of business development and national expansion. He joins the nonbank from On Q Financial...