The Gateway Mortgage founder won the Republican primary with 54.6 percent of the vote.

Origination capacity in the mortgage industry remains “elevated,” according to a new report from PiperJaffray.

Personnel expenses averaged $5,195 per loan in the second quarter, down $704 from 1Q18…

But Wells Fargo dominated in the correspondent channel with a 20.9 percent market share...

The top contributors to the MBS: Chase, AmeriHome and loanDepot…

The top-five EC lenders are: Redwood, U.S. Bank, Angel Oak, Citi and Citadel Servicing…

Among the tranches of residential MBS issued this year that received ratings from multiple firms, nearly 40.0 percent of the bonds had so-called split ratings, with different assessments by different rating services.

Guild noted that unlike other low-down payment programs, the 3.0 percent downpayment can be funded by a gift.

“After carefully evaluating market conditions and consumer needs, we are reducing to better align with current volumes,” Wells said.

Gregory Funding is in the first year of a three-year expansion plan…