According to figures compiled by the U.S. Bureau of Labor Statistics, loan brokerage firms now employ 109,800 full-timers...

Mortgage banking earnings fell to $478 million at the Minneapolis-based bank from $543 million in the third quarter...

Also, Guaranteed Rate peeled off a $13 billion chunk of receivables...

To the surprise of some, the program wasn’t heavily used by nonbank MBS issuers...

If approved by the Senate he would replace Kathy Kraninger, a business-friendly Trump-appointed official who has led the agency since 2018.

What about Movement Mortgage as an IPO candidate?

Wells Fargo: “Home lending revenue [was] down 21% from 3Q20 on lower servicing income and MSR valuation adjustments reflecting higher prepayment.”

Depository institutions saw their combined agency servicing shrink 2.5% from the third to the fourth quarter, squeezing their share of the market to 42.2%.

JPMorgan Chase topped the ranking with $413 million in repurchases for the third quarter...

loanDepot’s biggest investor is Parthenon Capital Partners, a private equity firm...