The top two banks in mortgage banking – Wells Fargo and JPMorgan Chase – reported sharply different results in the third quarter.

Table-funding increased by 16.7% from the second quarter, hitting an estimated $98 billion in the most recent period. That’s a healthy increase and represented the strongest quarter for broker production since early 2008…

The TRID rule can be changed but not completely eliminated…

CSS is the platform created by the GSEs to develop the uniform MBS, the common security now used by the two mortgage giants...

In a recent report, Fitch Ratings noted that shortfalls can occur when a mortgage is prepaid before the end of the month, causing only a partial collection of the interest owed by the borrower...

In September, MBS trading came in at a mouthwatering $280.0 billion, the best showing of 2019.

Shea Pallante, executive vice president of Sprout Mortgage, called the non-QM market a “sleeping giant.”

Freddie repurchase activity has consistently exceeded Fannie levels since 2016…

When it comes to wholesale/broker lending, not one depository ranked among the top five in 3Q19…

Some market watchers suspect that in the wake of Citadel Servicing striking a deal, other shops might be open to offers as well…