Figure’s co-founder and CEO is Mike Cagney. If the name sounds familiar, it should. Cagney formed SoFi earlier in the decade...

Mr. Cooper: “Prepayment speeds have remained high so far in the fourth quarter, with forward owned CPRs of 20.3% in October and 17.8% in November…”

At Sept. 30, the CFPB employed 1,430 workers, down 5.3% from a year earlier and 14.3% below the 1,668 it employed in 2017.

The top two banks in mortgage banking – Wells Fargo and JPMorgan Chase – reported sharply different results in the third quarter.

CSS is the platform created by the GSEs to develop the uniform MBS, the common security now used by the two mortgage giants...

Unlike other non-agency MBS with GSE-eligible loans, the deal from Provident is concentrated on standard mortgages for primary residences.

Previous MBS from Neuberger Berman included investment-property mortgages underwritten using rental income...

Among the report’s conclusions: Small servicers tend to focus on mortgages in non-metro or rural areas. Also, small servicers are less likely than larger shops to process loans backed by Fannie Mae and Freddie Mac.

Charlie Clark, president of the American Association of Residential Mortgage Regulators, stressed the need to establish prudential standards for nonbank lenders and servicers.

It’s no secret that home lenders are enjoying boom times. According to figures published by Inside Mortgage Finance last month, mortgage bankers funded a mouth-watering $700 billion in first-liens in the quarter, the strongest showing of the year.