The budget for the three advisory groups will be limited to $150,000 each per year.

The judges opined: "Indeed, the GSEs lost more in 2008 ($108 billion) than they had earned in the previous thirty-seven years combined ($95 billion). Yet the GSEs remained solvent.”

Most of the ads we see tend to come from nonbanks such as Quicken, loanDepot and CashCall…

Capital Alpha said its choice to be the next FHFA director is Ed DeMarco, who held the job once before...

A retail lender, the Houston-based NRL has increased staff at a branch in Cincinnati by 25 percent this year…

Consultant David Lykken said some mortgage bankers believe LO comp is “untouchable,” but he strongly disagrees…

One slide in the GSE presentation is entitled, “The Blob and the Return of the Blob,” a reference to the horror movie classics of the late 1950s…

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...