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...

Mr. Cooper also revealed the sale of its reverse unit should close by Dec. 31...

A&D Mortgage: “With conventional rates on the rise again, now is a perfect time to reconsider non-QMs"...

So, what’s PenFed doing in the warehouse — and correspondent — business?

An 18.05% year-over-year increase in home prices means Fannie and Freddie will be able to purchase loans as high as $970,080 in 2022.

MBA's Marina Walsh noted, “Per-loan production expenses continued to rise for the fifth consecutive quarter, reaching the second-highest level ever reported.”

Call-report data suggest the industry saw gains on both servicing and loan sales...

Caps for GSE loans could jump by as much as 19%.

A GR LO cracks the $2 billion mark in originations. Are there others out there?