Nonbanks took huge strides in GSE servicing as well: Their combined portfolio rose 10.4% from 2018 to $2.009 trillion…

Lori Brewer of LBA Ware: “Despite speculation that lenders’ efforts to reduce operational costs would include curbing loan originator commissions in 2019, our analysis shows that base commission for LOs did not significantly change from 2018 to 2019.”

If the Dow blows sky high interest rates could crumble…

Quicken entered the market as an issuer of prime non-agency MBS in October of last year.

The new model could prove more attractive to portfolio and jumbo lenders who sell their loans into non-agency MBS…

Vista Point Mortgage was launched about a year ago by Bill Ashmore, the former president of Impac Mortgage Holdings.

In a few weeks, Ocwen will report fourth quarter results. In trading Wednesday, its common was fetching $1.28 compared to a 52-week high of $2.45 and a low of $1.24.

Kristy Fercho of Flagstar said the bank is comfortable with the CFPB’s plans, noting the transition to a new measure for QM status should be “pretty easy to manage.”

To date, Odeon has published 55 comments on the GSEs in the past 12 months…

Sprout funded $2.78 billion of originations in 2019, with an emphasis on non-qualified mortgages.