Wells Fargo is maintaining its steady issuance of jumbo MBS while other issuers largely avoid the market.

Depositories reported $3.360 trillion of servicing for others on their books at the end of March, down a stunning $244.76 billion from 4Q19...

According to Francis Creighton, president and CEO of the Consumer Data Industry Association, the adoption of the CARES Act went smoothly, but it’s too early to tell what impact the pandemic will have on consumer credit...

Among the charges: McCord bounced checks to more than sixty taxing authorities and borrowers missed making their real estate tax payments...

Otting's appointment is effective July 1. He has not yet been named to serve on any board-centric committees, which carry extra pay.

The survey was based on responses from 336 lenders, 81% of which are nonbanks. Firms in the study originated, on average, $728 million of loans in 1Q20.

The new unemployment report from Uncle Sam is out Friday morning. It will not be pretty...

The ultimate goal: to reduce the number of authorized shares, which should result in a sizeable increase in the company’s share price.

Black Knight estimates that based on its reading of May 26, MBS servicers need to advance $3.6 billion a month to investors in government MBS on forborne loans and an additional $1.5 billion for real estate taxes and insurance.

Total Ginnie MBS production last month came to $61.34 billion, topping the previous record set in October 2019.