Larry Charbonneau, who conducts warehouse lending reviews for commercial banks, said usage rates are definitely improving this spring.

Roughly 10.8 percent of the mortgages were sourced through the Federal Home Loan Banks’ Mortgage Partnership Finance program.

In the first quarter, PennyMac ranked fourth among all home lenders, trailing Wells Fargo, Chase Home Finance and Quicken, according to a ranking from Inside Mortgage Finance.

Almost every week it seems like a lender launches a digital mortgage process allowing for loan applications to be received and processed online effortlessly and efficiently. However, according to a recent survey of lenders, a number of barriers stand in the way of digital mortgages. Lenders cited various technology issues, costs and difficulties getting loan officers to change behavior as barriers to digitizing the mortgage process. Some 73 lenders participated in the survey administered by the Strategic Mortgage Finance Group earlier this year. The top barrier to digital mortgage offerings was...

Deephaven Mortgage is preparing to issue its second nonprime MBS of the year...

Freedom Mortgage, a nonbank, was the top VA originator in the first quarter with USAA Federal and loanDepot ranking second and third, respectively…

The GSE patch expires either in January 2021, seven years after the effective date of the ATR rule, or when the GSEs are taken out of conservatorship, whichever comes first…

AIG buys jumbos servicing-released with Cenlar acting as the subservicer.

Commenting on the latest revelation from Walter, Keefe, Bruyette & Woods said, “Given the lack of visibility, we maintain our underperform rating and $1 price target.”

In the lawsuit, Ocwen admitted that it had stopped paying some of the invoices sent to it by FIS because of what it called “improper and non-compliant billing practices…