If a residential loan officer isn't doing at least six units per month, should he (or she) be fired?

The mortgage slowdown will separate the men from the boys, the girls from the ladies. It's time to fire all underperforming loan officers, says mortgage consultant David Lykken.

Traders sold off their positions in Nationstar's stock Thursday. The firm reported lower earnings and will exit the broker channel.

How many loans per month should a loan officer be closing when times are lean? According to Dave Lykken of Mortgage Banking Solutions, if an LO isn’t closing at least six loans per month, they might want to consider employment elsewhere.

An active mortgage wholesaler in California is letting account executives go. Stay tuned for details.

One mortgage analyst who tracks the company said Nationstar is changing the way it “allocates capital” to certain of its business segments.

SunTrust to mortgage brokers: Drop Dead! Meanwhile, the inside scoop on the somber mood at the annual MBA show.

The audit of the FHA's MMI fund should be ready by Christmas, not Thanksgiving.

Rep. Keith Rothfus, R-PA, brought the agency's breaches to the public’s attention during a hearing on CFPB reform legislation.

“The president believes that Rep. Watt is the very best person to lead the agency at this important time for the housing market and our economy, and that having a confirmed FHFA director in place will help promote certainty for the housing industry,” said a White House spokesman.