There is also a school of thought that going forward, loan officers won’t be needed as much because of new origination technologies...

With residential production falling by as much as 20 percent in the fourth quarter, a handful of lenders recently have either pulled out of the retail market entirely or pared back their traditional branch networks. Included in the club of retail quitters are such firms as Ditech Financial – ranked 13th overall in fundings – and Stonegate Mortgage, which began its pullback in November. Also heading for the retail exit is BankUnited, Miami Lakes, FL. All three are...

MGIC CEO Patrick Sinks noted that the mortgage insurer will be revising its premium rate cards soon. Stay tuned...

For some servicers, including Ocwen Financial, the math of outsourcing is simple: pay back-office workers the equivalent of $2 an hour when their U.S. counterparts can earn at least five times that.

Nonbanks don't like the idea that bank LOs can avoid passing a test...

Impac is working to increase originations of non-QMs as part of an effort to mitigate against reduced refinance volumes.

Where Realtors were once the first source of information for homebuyers, increasingly independent mortgage lenders are attempting to provide leads on homes for sale and more...

Should mortgage servicers begin to worry about residential delinquencies in such oil producing states as North Dakota, Oklahoma and Texas?

At one point, PIMCO had been eyeing RoundPoint, sources told IMFnews...

Although residential lending could fall by 20 percent in 2016, the demand for retail LOs with strong ties to Realtors and home builders should remain strong.