The Federal Reserve remains on track to cut the federal funds rate only one time this year, according to Mike Fratantoni, an executive vice president and chief economist at the Mortgage Bankers Association.

Guild generated only $800 million of net income from its origination segment in the fourth quarter.

Anthony Hsieh, chairman, founder and controlling shareholder of loanDepot, is returning to senior leadership as executive chairman of mortgage originations at the nonbank.

To this point, identifying loans for voluntary partial cancellation has been done manually.

The largest pending change to the MCR is that it will support implementation of prudential standards.

Fannie Mae is set to issue a credit risk transfer deal tied to a pool of mortgages with an unpaid principal balance of $17.0 billion.

Although banks have been reducing their MSR holdings, the asset has increased in value thanks to rising rates.

The swing in earnings was tied to the value of mortgage servicing rights, among other factors.

Bill Pulte, nominee for FHFA director, and Jonathan McKernan, the nominee for CFPB director, detailed some of their plans.

Borrower payoffs reflect heavy refinance activity in the Ginnie program.