Mr. Cooper also revealed the sale of its reverse unit should close by Dec. 31...

So, what’s PenFed doing in the warehouse — and correspondent — business?

Rocket's share price was up almost 5% at one point...

MBA's Marina Walsh noted, “Per-loan production expenses continued to rise for the fifth consecutive quarter, reaching the second-highest level ever reported.”

The Trump letter carries the presidential seal at the top...

Bottom line: The demand for product has never been better — thanks to rising interest rates, slowing prepayments and institutional investors hunting for yield.

A GR LO cracks the $2 billion mark in originations. Are there others out there?

Pentagon Federal Credit Union, commonly known as PenFed, has entered the arena of lending money to nonbank primary market originators. Details? So far, there are few.

A recent white paper from three academics attempts to cast some light on the practice of Ginnie Mae EBOs. But should the end investor be worried?

The bulk market for MSR sales has never been better, and that’s a bit of a problem. Activity is so robust that due diligence reviews are piling up, delaying deal closings. A good problem to have? It depends on your profit goals.