Citi's retail mortgage originations increased by nearly 80% in 2019 while First Republic's production was up by more than 50%.

According to figures compiled by Inside Mortgage Finance, all home lenders produced $700.0 billion of product in the third quarter. If the rest of the industry’s results emulate the numbers reported by Wells and JPM, it’s entirely possible that 4Q may have been better than many analysts predicted.

The IPO of nonprime lender Velocity Financial could price later this week or next…

HomeBridge Financial Services is the top contributor to the $488.80 million MBS with a 19.9% share.

Stronger GSE earnings will bolster retained capital, which could juice the recap-and-release debate even more…

According to one document we saw, Velocity has a post-IPO valuation ranging from $266 million to $304 million.

However, agency MBS was the star of the structured finance show in 2019…

As we reported a few weeks ago: Angel Oak Mortgage Solutions, a third-party non-QM lender, anticipates boosting loan originations by 66% next year to $5 billion…

The $278.5 million expanded-credit MBS from New Residential Investment Corp. is somewhat smaller than any of the five deals the firm issued in 2019.

Okay, but what’s a fintech?