The upfront MIP is 175 bps of the base loan amount on a 30-year fixed-rate FHA single-family loan. Most FHA borrowers pay an annual MIP of 85 bps for the full life of the loan.

On the plus side: revenues at Freddie increased 4.9% from the fourth quarter of last year...

The top three home lenders in the first quarter: Quicken Loans, PennyMac Financial Services and Wells Fargo. UWM and Freedom Mortgage were a close fourth and fifth, respectively.

Redwood's income from aggregating and selling jumbos increased during the first quarter, with more volume and high margins.

Company CEO Mat Ishbia was also named as a defendant...

The longer timeline allows lenders more time to offer QM loans based on a homeowner’s debt-to-income ratio and not solely based on certain pricing thresholds...

There’s just one catch: the refi option won’t be available until the summer...

As Wells trims its presence in warehouse finance, the former head of the department lands at Signature Bank...

Veteran mortgage attorney Gus Avrakotos: "With advances in technology, if there ever is a time to seriously consider dispensing with branch office licensing, this is the time."

This early tally — five of the seven typically rank among the top 20 lenders in the nation — suggests the mortgage originations train was holding steady on the tracks, though anecdotal evidence suggests the steam is dissipating.