A lender applying for direct endorsement authority will be required to submit loan files for FHA’s pre-endorsement review only after closing.

The 'Trump Bump' Hits the MSR market as well...

If rates don’t improve in the next few months, one area where lenders will try to save money is on loan officer compensation...

Bank of America once again ranked first as the top home-equity lender in the nation, although its production fell 17.7 percent…

The FHFA’s mention of servicing liquidity is an acknowledgement of the growing market share gains by nonbanks.

Lenders should never make unrealistic promises when recruiting loan officers, said one webinar panelist…

Usually, when a lender consolidates sales units, a certain amount of workers are let go...

While the deal includes many non-QMs and IOs, along with a “tier 3” representation and warranty framework, the senior tranche of the MBS will include credit enhancement of 5.75 percent.

Investors are snatching up shares of publicly traded MI firms...

With rates at the highest they’ve been in 27 months, mortgage lenders have to make sure they keep their costs as low as possible to be competitive. At the same time, they have to retain and attract the most productive loan officers, while still staying within the bounds of the loan originator compensation rule from the Consumer Financial Protection Bureau. During a webinar sponsored by Inside Mortgage Finance this week, Paul Hindman, managing director at Grid Origination Services, said loan officer recruiting is not just about the Benjamins. “In no particular order, should they decide to explore, loan officers will evaluate and compare the following when assessing the right model match: company brand and culture ([including] mission, vision and values); compensation clarity, [and] loan products and consistent rates/pricing,” he said. Also important are...