According to IMF's 4Q19 ranking, JPMorgan Chase was the commitment volume leader with an estimated $19.0 billion of approved lines to nonbanks…

It is rare for Republicans, who have been critical of the bureau’s regulatory actions in the past, to praise the work of the consumer regulator.

DoubleLine Capital is now a “strategic investment partner and minority shareholder” in OptionWide Financial, a lender that focuses on non-QMs.

According to industry consultant Joe Garrett, the typical residential mortgage company sale of the past few years has been an asset sale with a three-year earn-out.

For the year banks and thrifts earned $13.54 billion from mortgage banking, a 14.2% decline from 2018.

Would-be competitors for Fair, Isaac and Company, which owns the FICO models, are going to have to shell out a $200,000 application fee.

Important lessons learned this week: What goes up, must come down; mortgage rates don't always track the 10-year Treasury; stock speculation (Fannie/Freddie) is not for the faint of heart...

Officials at Redwood noted that gross margins on the issuance of mortgage-backed securities and whole loan sales improved as well.

At Dec. 31, the bond offered a yield of 1.92%, or 68 basis points higher, a significant difference.

Wells Fargo was the Big Kahuna of purchase lending in 2019 while Quicken Loans was the refi king, Inside Mortgage Finance found…