Another mortgage employment area badly in need of bodies is operations staff...

In other words, unless forced to, originators don’t need to cut rates to gain customers because they’re swamped...

The April-June cycle marked the first time since the end of 2016 that bank retail lending exceeded wholesale production. Then again, in the call-report world, wholesale includes both loan purchases through correspondent operations and originations involving mortgage brokers.

The rigid confines of the CFPB's LO comp rule continues to draw complaints from lending shops and their representatives in Washington...

The impairment rate on non-QM MBS declined by 70 basis points in August even as enhanced unemployment benefits ended in late July.

Fun fact: With correspondent losing share, many small and mid-sized firms began selling directly to the GSEs...

In other words, all that chatter about an end to paper document is overblown.

According to Black Knight, as of Sept. 22, 3.6 million mortgagors were in some type of relief program.

The grant program for minorities and women is being administered by the Association of Independent Mortgage Experts.