According to market observers, People's United is committed to agency and government-related warehouse finance and was happy to find a home for ResX and its six or so employees.

Many support raising the DTI threshold and incorporating compensating factors, but others recommend full elimination of the current standards.

Fun fact: More VA loans were funded in the 4Q19 than FHA-backed mortgages, a rarity.

For the full year of 2019, total mortgage complaints from end users were down 9.1%...

The $699.2 million expanded-credit security tops a $681.0 million deal Invictus issued in October.

Radian bought Clayton in 2014, paying a hefty $305 million for the business, a price that many observers thought was a bit rich.

Only two banks ranked among the top agency sellers last year: Wells Fargo and JPMorgan Chase.

Industry observers believe that could translate into a delay of six to 18 months.

Last but not least: U.S. Bank, which funded $17.5 billion, a 10.8% improvement from the third quarter.

Private MIs insured $60.97 billion of refinance loans delivered to Fannie and Freddie in 2019, more than triple their total for the prior year.