Meanwhile, the share price of Fannie Mae/Freddie Mac common continues to rise...

Another candidate for the HUD job is believed to be Pam Patenaude, president of the J. Ronald Terwilliger Foundation for Housing America’s Families.

Thanks to Trump, speculators who bought GSE shares on Tuesday are cleaning up today...

And roughly 24 percent of IMFnews viewers believe that reform of Fannie Mae and Freddie Mac likely won’t happen in their lifetime…

Not too long ago, Stonegate Mortgage began deemphasizing retail in favor of correspondent and wholesale...

Are mortgage account executives overpaid?

Bank of America – the nation’s third largest residential originator – this week gave its mortgage loan officers an edict: start taking applications for auto loans as well. Going forward, mortgage loan officers will be known simply as “loan officers.” A BofA spokesman confirmed the changes to Inside Mortgage Finance, but cautioned that LOs will not be taking applications for checking accounts and credit cards, though referrals can be made to other divisions of the bank. BofA watchers, as well as the bank’s competitors, were scratching...

In the past, Caliber Home Loans has been mentioned as a possible buyer of other firms...

The $185.0 million settlement Wells Fargo agreed to in early September regarding retail banking sales practices has impacted the lender’s mortgage operations, according to bank officials. Timothy Sloan, Wells’ president and CEO, said mortgage referral activity declined significantly after the settlement was announced. “Mortgage referrals from retail banking, which account for 10.0 percent of our year-to-date mortgage originations, were down 24.0 percent from August to September,” he said during Wells’ recent earnings call. Sloan noted...

After HomeBridge buys the Sherman Oaks, CA-based lender, the Prospect Mortgage name will disappear, said CEO Peter Norden.