Equities watcher Henry Coffey writes: “As the largest player in the wholesale or broker direct channel, UWM does have some pricing power, and over time, we are expecting to see pressure on margins ease and the big three to five players in the market settle into a more balanced cadence…”

The seller of the MSRs is an independent mortgage banker... 

Of late, the share price of publicly traded nonbank mortgage companies have been floundering...

Despite the strong earnings, UWM's share price fell to a new low. The company went public earlier this year...

When it comes to mortgage profits, it's not always a case of where you've been, but what lies ahead...

Joe Garrett: “Companies that don’t seem to get too agitated about the occasional loss, and we’ve seen too many of them, seem to have more and larger losses than those companies that are obsessive about not losing money.”

Personnel expenses at Impac increased 12.8% to $14.9 million...