The nation’s 16^th largest servicer also disclosed it will restore incentive pay that was voluntarily given up by CEO Glen Messina.

Several industry executives and officials from four state regulatory agencies attended the meeting on remote work flexibility.

Loan brokerage firms have increased employment by 16.3% year-over-year...

Lenders are minting money these days, servicers not so much...

Mr. Cooper plans to increase its staff by more than 50% this year, with many of the hires focused on mortgage originations.

LOs earned 59% more in the second quarter of 2020 compared to the same period a year ago, according to figures compiled by LBA Ware...

But there’s something else to think about here. Let’s say Democrat Joe Biden (DE) wins the White House in November. After being sworn into office, will he act swiftly to dismantle this very controversial loan-level private adjustment?...

The general consensus is that this new loan-level price adjustment will not be killed outright but very well could be moved back by at least 60 days from its current Sept. 1 implementation date. This would allow lenders facing rate-lock hits to avoid financial damage…

A basic question: Will Treasury step in to change the trajectory of the new GSE refi fee? (The mainstream media has finally discovered the story.)

Pulling the strings behind the non-QM curtain: A giant named PIMCO...