September 6, 2019By John BancroftWholesale-Broker Channel a Big Winner in 2Q19 RallyMortgage brokers upped their market shares in both government-insured and conventional-conforming lending. Retail production also fared well in 2Q19.
September 6, 2019By Paul MuoloIn a Down Year for Originations, MBA’s Revenue IncreasesFor the fiscal year ending Sept. 30, 2018, MBA took in $65.1 million of revenue versus expenses of $54.4 million, according to a newly released tax filing. Roughly half of its annual revenue comes from its hugely popular annual convention.
September 6, 2019By John BancroftMSR Values Tank in 2Q19; Bank SFO Balances DeclineMost of the industry's declining balance of servicing for others was attributable to Wells Fargo, JPMorgan Chase and Bank of America.
August 9, 2019By Paul MuoloMortgage Grapevine: Not a Good Time to Tap the Equities Market? / Bulk MSR Auctions Show Promise