UWM is offering “rate incentives” for jumbo borrowers with FICO scores north of 740, and a promise to close the loan in 25 days or less…

At March 31, the Anaheim, CA-based FCI had $4.2 billion of servicing contracts on its books.

“This is a seminal change,” one GSE observer told us.

PennyMac Financial is a top-10 ranked lender and may soon break into the top-10 in servicing as well…

M&T Bank doesn’t even rank among the top 50 FHA-direct lenders in the nation, according to a recent ranking by affiliate publication Inside FHA/VA Lending...

The poor stock performance of this group has bloodied the water for mortgage IPOs...

One observer noted: “Talk about a government takeover! This feels third-world to me…”

In general, private mortgages are extended by the owner of the property to a borrower through a private contract. Terms can vary greatly from deal to deal.

Perhaps, the time is drawing near to once again raise the thorny issue of whether the Department of Housing and Urban Development should cut FHA premiums...

As for TRID, Citadel obtained legal opinions on how to properly fix errors on loan applications and over time grew comfortable with the process.