However, some lenders, including Flagstar Bancorp, are being careful about adding new workers.

One true vine: BB&T and SunTrust merge, creating Truist...

Meanwhile, Maksim Stavinsky, co-founder and chief operating officer of Roc Capital, said borrowers’ declining profits on flips are leading to much greater interest in renting out renovated properties instead of flipping them.

A new year is upon us and even though production should slow in 2020, several lenders have big-time hiring plans, including Angel Oak and UWM.

What’s so interesting about the Sterling disclosure is that it comes from a bank. For the most part, depositories have shied away from non-QMs unless it’s jumbo product made to wealthy individuals…

Tom Hutchens of Angel Oak: “We are getting deeper in our markets.”

Investment bankers that buy and sell mortgage servicing rights are starting to feel like the Maytag repairman. But deal activity is set to improve in the first quarter of 2020, or so they hope.

The Rodney Dangerfield of financial services: Nonbanks...

Under the terms of the deal, BrandMortgage CEO Greg Shumate will become an officer of the bank…

A large bulk MSR auction may be in the works but it won't see the light of day until next year. Meanwhile, executive changes are afoot at a handful of companies.