A number of lenders have experienced a sharp decline in refinance volume without a meaningful increase in purchase-mortgage originations, according to Jonathan Corr, president and CEO of Ellie Mae.

More Fixes to the CFPB's TRID are in Order.

Fed Says Refi Ads Can be Made More Effective.

It looks like Flagstar won't be the only bank to issue jumbo mortgage-backed securities.

Wells looks to up its originations by boosting IO jumbos.

Only two lenders have consistently provided more than 5.0 percent of the dollar volume in jumbo MBS Redwood has issued this year: First Republic Bank and Quicken Loans.

By comparison, ARMs accounted for less than 1.0 percent of total prime non-agency MBS issued in the first quarter.

The USMI said in statement that cutting FHA premiums right now is “neither necessary nor prudent at this time...."

However, the legal settlement likely will ding sector quarter earnings by $34 millon to $36 million…

In a somewhat uncommon move, Progress increased a planned issuance after presale reports on the deal were already published.