Select Portfolio Servicing remained the largest nonprime servicer at the end of the third quarter.

PennyMac's CEO: “Clearly, the banks have spoken. They’re not going to be as active in jumbo loans other than for their prime customers.”

The total amount of nonprime servicing handled by a group of 20 specialists continued its upward trend, unbroken since 2020. (Includes data table.)

PennyMac looks to re-enter the jumbo MBS market after last issuing a deal in 2013.

Annaly believes its Onslow Bay unit can continue to grow following a record October for loan locks.

Even with shrinking holdings at the three largest depositories, bank and thrift holdings of first-lien mortgages ticked up during the third quarter. (Includes data table.

Dart Bank’s wholesale division launched a new jumbo product.

An Oregon-based distillery infused a mortgage business into its line of companies in a bid to diversify its profits.

Investors are having to get more creative to turn a profit, according to a new report from Redfin.

Changing market dynamics have impacted the types of investor loans offered by banks and nonbanks.