Some of the improper fee charges were blamed on clerical errors…

Quicken said QLMS increased its volume of closed loans 240% from the third quarter of last year to 3Q19…

Believe it or not, the two mortgage giants are much closer to getting out from under the FHFA’s thumb than most observers expect…

Look out below: Investor/hedge fund titan Leon Cooperman said on CNBC Wednesday morning that if Sen. Elizabeth Warren, D-MA, is elected president the stock market will fall by 25%...

Higher-priced mortgages are a regulatory designation based on the comparison of the annual percentage rate on a mortgage with the average prime offer rate, which tracks rates offered to prime borrowers.

One analyst who has written extensively on the recap-and-release topic estimates the advisory contract could be worth $20 million to $30 million...

Angel Oak issued two non-QM MBS earlier this year that each topped $600 million. The new offering is sized at $353 million.

BofA no longer reports mortgage earnings separately in its quarterly results. Residential finance is housed in the company’s community banking division, which reported net income of $3.3 billion in 3Q19, a slight gain from the prior period.

Industry analysts attribute the rise to a search for yield by investors along with increased acceptance of non-QMs in the investor community.

After the transaction closes, business-purpose lending investments will account for more than 15% of Redwood's investment portfolio, up from a 4% share.