Both the FHA and VA sectors saw declining securitization volume, but the VA took the bigger hit, a 12.1% drop from October.

Quicken Loans, United Wholesale Mortgage and Fairway Independent Mortgage, ranked first, second and third, respectively among FHA producers…

While production at the two government-sponsored enterprises rose a combined 6.7% for the month, hitting $117.55 billion, Ginnie issuance was off 7.3% from October.

Alaska, Hawaii, Guam and the U.S. Virgin Islands have a higher ceiling due to above-normal construction costs. In 2020, their ceiling will be at $1.148 million...

According to data from state regulators, the largest nonbanks in the mortgage space have approximately four times as much debt as equity.

With refinance activity surging, retail platforms were kept busy writing replacement loans for their existing servicing clients.

Along with the increase to the baseline limit, caps on Fannie Mae, Freddie Mac and government-insured loans in high-cost areas would also rise, to as much as $760,000…

Correspondent production of FHA/VA loans rose 25.8% from the second quarter, although retail actually recorded a higher increase.

FHFA Director Mark Calabria: "That might be fine for a normal company, but these are companies that are in conservatorship. They’re essentially in bankruptcy.” 

The number-one-ranked MI firm has a market share of 19.6%. The number-five-ranked shop is at 16.1%. Quite a foot race…