Among the top 20 VA lenders, just six depositories made the cut: USAA, Navy Federal, Wells Fargo, Flagstar Bank, The Federal Savings Bank and North American Savings Bank…

The irony is that lower rates translate into robust originations and guaranty fee income, but can cause problems on the hedging side of the equation.

Most of the firms looking to buy other shops are nonbanks…

A few days ago, Ditech’s parent company filed an 8-K with the SEC, disclosing delinquency information on its GSE servicing portfolio.

One trade group source had this to say about the arrangement: “There’s no g-fee break? Then it doesn’t sound like front-end coverage that helps lenders.”

Apparently, not everyone is a fan of low rates. Take Donald Trump, for instance...

Morgan Stanley was offering a 5/1 IO ARM with an interest rate of 3.850 percent for loan amounts below $1 million…

Requirement for the program include: three years of mortgage experience, a statement on production goals, anticipated operational structure and a description of the company.

VA wants to make sure that borrowers are not making a hasty decision to refinance, said VA Acting Director Jeffrey London.

The task force consists of 20 MBA member companies, led by Alex McGillis of Quicken Loans and Erik Schmitt of JPMorgan Chase.