“Applications are staying strong,” said Paul Rozo, CEO of Paramount Residential Mortgage Group, Corona, CA. “Rate-locks have been smoking leading up to the election and post-election as well, which is nice.”

In the third quarter Impac posted net earnings of $1.6 million compared to a loss of $22.8 million in 2Q20...

The irony of the regulatory call: Many nonbanks are posting record profits and six firms are in the process of IPOs...

The top three VA originators in 3Q20: Freedom Mortgage, Quicken Loans and Veterans United Home Loans...

The top-five retail mortgage lenders year-to-date: Quicken, Wells Fargo, Chase, Freedom Mortgage and BofA...

In these high-cost areas, the maximum GSE loan limit bumps up to 150% of the base limit, or $822,375.

Attorney Joann Needleman: "The transition team that Biden has put together to look at the CFPB is extremely telling"...

Before the pandemic struck, a consumer would start shopping 180 days before closing on a mortgage...

Michael Bright: “SFA reiterates our support for the ultimate goal of releasing the GSEs from conservatorship and to increase the role of private capital in our nation’s housing finance system in a responsible manner"...

One area that many lenders have questions about: branch managers who also produce loans...