All of the mortgages in MFA’s planned MBS were originated by Citadel, leading to speculation that the deal was scrapped. However, a spokesperson for MFA said the REIT still plans to issue the security.

loanDepot noted that on purchase transactions and rate/term refis no additional LLPAs will be assessed.

Complaints about debt collection, the second most-criticized category, increased 7.2%...

Mr. Cooper will remain as a retail and correspondent lender...

The VA market optimism stems partly from the fact that the majority of active military personnel who have been given orders to move haven’t been able to do so because of the pandemic.

The outcome was a boost in broker share to 15.2% of the market, up from 12.6% in the first three months of 2019.

“One thing’s for certain: They’re taking on a lot more risk,” said one mortgage insurance official...

However, the question remains whether the bureau will announce significant changes to the current framework...

Fun fact: Nonbanks have taken over the top-50 ranking, with only 18 depository institutions making the cut in the first quarter...