According to the S-1 initial public offering documents filed with the SEC, Rocket’s total share count (public and private) is roughly 1.9858 billion shares. At $22 a unit (the upper end of the range) that works out to a cool $43.69 billion. In short: Wow.

Angel Oak's Tom Hutchens: “We’ve got our footing under us and we’re excited about the future"...

Wade takes the helm of the government’s mortgage insurer at a tumultuous time: FHA production is strong but the COVID-19-related forbearance rate on such loans are beginning to inch up as the employment picture worsens.

The “virtual” roadshow started Friday, with meetings running through Wednesday afternoon, when final pricing is expected.

Flagstar posted a whopping gain-on-sale margin of 219 basis points compared to 80 bps in 1Q20...

Higher mortgage rates in six months? No one sees it...

One mortgage CEO suggested LOs might spend their hard earned money on a new Tesla or maybe a beach house...

The OCC last month issued several bulletins on federal preemption, including one on states’ foreclosure moratoria...

The top gainer among the 20-largest originators: Guaranteed Rate of Chicago...

The call-report figures generally track buyback trends documented by Fannie and Freddie, though the bank figures may include repurchases and indemnifications linked to other buyers.