Most megabanks are mum on their social media policy as it pertains to residential loan officers…

HPS named Kyle Gunderlock, CSC’s president and chief operating officer, to succeed Perl as CEO.

Still, January production was more than double the volume produced by the two GSEs in the first month of 2019.

Angelo Gordon's GCAT 2020-NQM1 includes non-QMs, investment-property loans exempt from QM standards and mortgages originated by CDFIs, which reduce risk-retention requirements.

BlackRock CEO Larry Fink: “Our strategic investment in PennyMac 12 years ago was part of an effort to help our clients access opportunities in the residential mortgage market…”

Industry consultant Paul Hindman on Mike Weinbach, the new Wells Fargo mortgage chief: “He’s s out to control the messaging. His goal will be to get immediate results.”

Fannie’s average g-fee in the fourth quarter was up as well, but by just one basis point.

An estimated $334.0 billion of home loans were originated through the wholesale-broker channel last year, a 76.7% gain from 2018.

For GSE watchers the bottom line boils down to this: Both continue to earn money hand over fist and for now get to keep all their earnings instead of forking it over to the U.S. Treasury in the form of dividends.

Fitch believes DTI ratios ensure that borrowers will be able to repay their loans.