As one servicing broker put it: “It’s brutal. No other way to say it…”

The IPO market remains closed to 'A' paper nonbanks, but that's not the case when it comes to non-QM originators...

Wade is no stranger to the Department of Housing and Urban Development...

Moody's believes that relying on less than 12 months of a borrower's bank statements increases the risk a non-QM loan may not meet the CFPB's standards...

A top Justice Department official said the memorandum of understanding gives depository institutions the confidence they need to participate in the FHA program…

But there were some hiccups in the overall trend. For starters, refi loans originated in the retail channel actually had slightly lower average credit scores than correspondent- and broker-originated refinances…

Presale reports for 15 deals totaling $6.07 billion have been published this month, and more transactions are in the works.

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.