With refinance activity surging, retail platforms were kept busy writing replacement loans for their existing servicing clients.

In the third quarter, the market leader was Citibank, followed by Angel Oak, Redwood Trust, Citadel Servicing Corp. and U.S. Bank Home.

Among the report’s conclusions: Small servicers tend to focus on mortgages in non-metro or rural areas. Also, small servicers are less likely than larger shops to process loans backed by Fannie Mae and Freddie Mac.

It’s no secret that home lenders are enjoying boom times. According to figures published by Inside Mortgage Finance last month, mortgage bankers funded a mouth-watering $700 billion in first-liens in the quarter, the strongest showing of the year.

Along with the increase to the baseline limit, caps on Fannie Mae, Freddie Mac and government-insured loans in high-cost areas would also rise, to as much as $760,000…

By the time recap and release is completed, an army of securities attorneys and investment bankers are going to rack up the billable hours…

Although interest rate volatility played havoc for companies with unhedged servicing portfolios, a sharply growing refinance market provided a windfall of production income.

Thornberry first joined Radian in February 2017. The MI ranks second in insurance-in-force and new insurance written...

Guild Mortgage, the nation’s 20^th largest home lender (according to a ranking by Inside Mortgage Finance), is on track to originate a record $20 billion this year…

Correspondent production of FHA/VA loans rose 25.8% from the second quarter, although retail actually recorded a higher increase.