Large nonbanks the likes of UWM, Quicken and loanDepot are hiring but overall, the mortgage employment figures for June were not particularly strong...

Ginnie Mae is turning off the spigot on refinances of high LTV mortgages guaranteed by the VA...

PennyMac remained the largest nonbank servicer of agency loans with $325.12 billion on its books at the end of June…

“The originations segment now acts as a much stronger macro hedge for our servicing operation, and we believe it will play a major role in helping us achieve our profitability and shareholder return targets,” said Jay Bray, Mr. Cooper’s chairman and CEO.

One potential solution to the nation’s huge deficits: a transition tax on trades of stocks and bonds, including MBS...

Mark Garland, managing director of Situs AMC, notes the readings can be misleading because many publicly traded companies hedge their positions, which means although an MSR writedown occurs in one column, a gain is recorded elsewhere.

Complaints tied to residential servicing practices continued to dominate the filings...

Although MBS issuance was strong in the second quarter, ABS deals were less robust...

Which top-10 home lender had the largest sequential gain in 2Q19? Quicken? UWM? Guess again. It was Freedom Mortgage with 81.9%.

Across the board, lenders are reporting stellar origination growth from the first to second quarters of the year, but the last two application surveys from the Mortgage Bankers Association showed weekly declines of 1.9% and 1.1%, respectively…