With Fannie and Freddie earning so much money these days (and returning almost all of it to Uncle Sam) haven’t the two earned the right to lobby Congress regarding their future?

Ditech said its advisors and debtors have created a “key employee incentive program” (KEIP) valued at $2.5 million to pay “base” employees “who are largely responsible” for operations...

The letter does not specify what these new policies might be. Some type of administrative reforms, perhaps?

Depositories accounted for 24.6% of last year’s production, down from 25.4% in 2017.

Over the years, Charbonneau has advised on at least 90 M&A transactions, involving both depositories and nonbanks.

Up until now, JPMorgan has focused on securitizing QMs…

One consultant advises loan officers to move up or get moved out...

The $250 million in debt is in the form of senior unsecured notes due in 2024.

All of the loans are being sold servicing-retained...

The broker share of the market increased to 13.2% for all of last year…