The brainchild of industry veteran Michael Strauss, Sprout is a top-10 ranked originator of non-QMs.

When poet T.S. Eliot wrote those immortal words about spring, he wasn’t thinking about the home-finance sector. But company headcounts are being reduced as shops plan for leaner days ahead.

JPM valued its $575.4 billion of TPO servicing at 127 bps at March 31, a mouth-watering increase of 19.8% from yearend...

Flagstar Bank, a top-20-ranked home lender, has a new distributed retail chief, Jim Linnane...

It seems that some non-QM lenders learned a valuable lesson this spring: When in doubt, hedge your production pipeline. Then again, it doesn’t apply to all loan types.

As the non-QM market works out its kinks, deal activity should pick up, despite higher interest rates. Due diligence providers like Clayton are hoping the largess comes their way.

FoA lost $1.34 billion in the fourth quarter after booking a large goodwill impairment...

Dealmakers like Jeff Levine, Chuck Klein and David Schneider should have a busy year...

Mortgage banking is about both volume and the number of transactions...

If you’re looking for some good news regarding the mortgage sector, take a peek at MSR values for 1Q22. They increased nicely, offering some shops a financial boost of sorts.