At issue: the new QM standards were drafted when the CFPB was under the leadership of Republican Kathleen Kraninger, who was appointed during the Trump administration.

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 main buyers of jumbos? Answer: commercial banks, accounting for 54.6% of purchases from unaffiliated sellers...

Additional non-agency MBS with GSE-eligible mortgages for investment properties are expected due to new limitations on Fannie/Freddie acquisitions of such loans.

Surprise: Guild plans to buy the South Portland-based Residential Mortgage Services through a three-year earnout valued at $197 million...

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

AmWest originates a variety of loans through all three lending channels, with an emphasis on TPO...

The new MBS is somewhat smaller and has longer average loan seasoning...