Boston Lending recently issued a non-agency MBS backed by proprietary reverse mortgages...

Total Ginnie issuance was down 3.2% largely due to an 18.7% collapse in rate-term refinance.

During the firm’s earnings call, founder and CEO Anthony Hsieh assured analysts the nonbank has plenty of liquidity and will gain market share in the year ahead.

The general consensus among executives and loan officers over the past two weeks is that layoffs likely are on the way — it’s just a matter of when.

Where does the mortgage industry fit in? “The biggest barrier left to scaling up ADUs is finance,” said Karen Chapple, a professor from the University of California at Berkeley.

Nonbank servicers in the top 50 posted a hefty 4.6% gain in owned servicing...

For now, the bank will continue to service its residential loans and HELOCs...

One contributor to the deal: Impac Mortgage...

Loan originators note that debt service coverage ratio loans are easier to underwrite than conforming mortgages...

Consumer complaints about debt collection saw a hefty 30.6% rise.