The $29.42 billion of refinance mortgages sold to Fannie Mae and Freddie Mac was up 30.2% from April and marked the biggest monthly volume since December 2017.

Noting the disparity, analysts at Wells Fargo Securities suggested that Google search trends provided a more realistic gauge of potential refi activity and prepayment speeds.

Commercial banks held a combined $1.673 trillion of MBS at the end of the first quarter, maintaining their position as the largest investor class in the market...

In some cases the bureau has even targeted nonbanks even though these institutions – by law – are not covered by the Community Reinvestment Act... 

It was the weakest reading on home-equity originations since early 2015, when production of closed-end seconds and new borrowing on home-equity lines of credit totaled an estimated $38.0 billion.

Banks are beginning to slow their investments in first-lien mortgages...

Looks like Ocwen is pushing the button on a name change and it's not Newco...

Bank of America, the nation’s second largest jumbo producer, only uses the retail channel…

One West Coast-based manager singled out what he called “low-ball pricing”...

Help needed far and wide: Loan officers and processors...