“Mortgage originators are looking at record earnings for the first quarter,” said Chuck Klein, managing director of Mortgage Banking Solutions, Austin, TX, a consulting firm engaged in warehouse reviews and M&A activity.

Suddenly, lenders are talking about capacity issues...

According to IMF's 4Q19 ranking, JPMorgan Chase was the commitment volume leader with an estimated $19.0 billion of approved lines to nonbanks…

According to industry consultant Joe Garrett, the typical residential mortgage company sale of the past few years has been an asset sale with a three-year earn-out.

For the year banks and thrifts earned $13.54 billion from mortgage banking, a 14.2% decline from 2018.

Officials at Redwood noted that gross margins on the issuance of mortgage-backed securities and whole loan sales improved as well.

At Dec. 31, the bond offered a yield of 1.92%, or 68 basis points higher, a significant difference.

Wells Fargo was the Big Kahuna of purchase lending in 2019 while Quicken Loans was the refi king, Inside Mortgage Finance found…

Quicken Loans was the top ranked FHA producer for the year with $17.4 billion, followed by United Wholesale Mortgage ($13.1 billion) and Freedom Mortgage ($8.7 billion).

Net income at Mr. Cooper was aided in a major way by a $285 million recovery tied to deferred tax assets. Meanwhile, on the origination front, the company funded $12.6 billion in product during 4Q19, up 5.8% from 3Q19.