Time to audit your closing agents?

It was the slowest agency refi market since the third quarter of 2014…

According to interviews conducted by Inside Mortgage Finance, several large nonbanks continue to hire, including Amerihome, Quicken Loans, and United Wholesale Mortgage, among others.

Quiet no longer in non-agency MBS: Credit Suisse...

Roughly 36 states and 104 state examiners participated in the coordinated mortgage exams…

PennyMac and Credit Suisse are revising two master mortgage repurchase agreements to increase the lender’s funding capacity for new loan originations and purchases of mortgage servicing rights, the company disclosed in a recent filing with the Securities and Exchange Commission. In June, PennyMac agreed to revised terms of its master purchase agreement to increase temporarily the maximum committed purchase price to $943 million from $700 million. The amended agreement allows...

If you’re opening a new mortgage company it stands to reason that the two least likely places you’d pick for your headquarters are New York City and San Francisco.

According to Morningstar Credit Ratings, the weighted-average loan-to-value ratio for securitized non-QMs is 75.2 percent and the average debt-to-income ratio is 36.6 percent

The GSEs securitized $111.31 billion of purchase loans in the second quarter, a 21.5 percent jump from the first quarter.

Meanwhile, Redwood is working toward issuing a jumbo MBS from its “expanded prime” program…