MBA says the system issues have caused significant delays and imposed costs on state-licensed companies.

The ECM gain came as overall production fell 2.8% from the second quarter to the third...

The FHA wants Catalyst to serve as a single platform for lenders to interact with the administration in an effort to lower costs and reduce risk and fraud.

Combined MBS issuance from Fannie, Freddie and Ginnie declined 11.5% from October...

The loan brokerage sector fared a bit better with layoffs of just 200 workers...

Personnel costs are something to keep an eye on in the waning months of the largest refi boom ever...

One consultant estimated that Banosian must have a team of at least 200 people around him...

The top three purchase lenders through the first nine months of 2021: PennyMac, Wells Fargo and UWM...

Better has an “implied equity value” of $6.9 billion. By comparison, PennyMac, the nation’s second largest originator, has a market capitalization rate of $4.01 billion.

While IOs are non-QMs, UWM isn’t necessarily going down the credit scale...