The table-funding sector may be a shadow of its former self, but the man who founded and heads the nation’s only publicly traded mortgage brokerage firm took home $59.6 million in total compensation last year, according to a new tally from Inside Mortgage Finance. [Includes one data chart.]

Home Point Financial, Ann Arbor, MI, said it will “transition” some of its East Coast retail branches to Northpointe Bank...

In the first quarter of 2018, Flagstar funded $7.88 billion of home mortgages, just $960 million of which came through the retail channel...

Johnson joined the bureau late last year from the House Financial Services Committee where he held the title of senior counsel.

Fannie said the new lender option allows the GSE to streamline the operational requirements of participating lenders...

Last fall, English was named the CFPB’s deputy director by departing Director Richard Cordray...

Although loan production is down this year, that isn’t stopping some lenders from moving forward with expansion plans.

With loan production on a downward trajectory this year, rumors abound regarding industry layoffs, but at least one top-ranked lender is still actively hiring: United Wholesale Mortgage, Troy, MI.

According to figures compiled by Inside Mortgage Finance, UWM ranks ninth overall among all lenders, and is poised to move up in the rankings...

TMS called it a “realignment,” explaining the cuts are part of a plan to “fuel fintech growth.”