The top two banks in mortgage banking – Wells Fargo and JPMorgan Chase – reported sharply different results in the third quarter.

Table-funding increased by 16.7% from the second quarter, hitting an estimated $98 billion in the most recent period. That’s a healthy increase and represented the strongest quarter for broker production since early 2008…

The TRID rule can be changed but not completely eliminated…

Shea Pallante, executive vice president of Sprout Mortgage, called the non-QM market a “sleeping giant.”

Freddie repurchase activity has consistently exceeded Fannie levels since 2016…

When it comes to wholesale/broker lending, not one depository ranked among the top five in 3Q19…

Some market watchers suspect that in the wake of Citadel Servicing striking a deal, other shops might be open to offers as well…

At Sept. 30, banks held another $38.07 billion of MBS in trading accounts…

The first non-QM MBS from Credit Suisse's DLJ Mortgage Capital relied solely on loans from AmWest Funding. The new security from DLJ is backed by product from multiple lenders.

In September, the CFPB changed its position on the issue, agreeing with the plaintiff that its own structure is unconstitutional.