In the grand scheme of things, longer close times may not seem like a disaster but for nonbanks using warehouse lines of credit that means loans have longer dwell times…

On his LinkedIn page, Weinbach lists himself as “On Garden Leave.”

Nonbanks took huge strides in GSE servicing as well: Their combined portfolio rose 10.4% from 2018 to $2.009 trillion…

Lori Brewer of LBA Ware: “Despite speculation that lenders’ efforts to reduce operational costs would include curbing loan originator commissions in 2019, our analysis shows that base commission for LOs did not significantly change from 2018 to 2019.”

If the Dow blows sky high interest rates could crumble…

Quicken entered the market as an issuer of prime non-agency MBS in October of last year.

The new model could prove more attractive to portfolio and jumbo lenders who sell their loans into non-agency MBS…

Vista Point Mortgage was launched about a year ago by Bill Ashmore, the former president of Impac Mortgage Holdings.

In a few weeks, Ocwen will report fourth quarter results. In trading Wednesday, its common was fetching $1.28 compared to a 52-week high of $2.45 and a low of $1.24.

Kristy Fercho of Flagstar said the bank is comfortable with the CFPB’s plans, noting the transition to a new measure for QM status should be “pretty easy to manage.”