A blunt question for managers: Which of your competitors do you admire?

Non-QM REIT Angel Oak is out with its first “baby” bond offering — $50 million worth of five-year notes.

The second quarter offered a “shockingly flat” environment for the asset value of mortgage servicing rights. But with interest rates beginning to creep lower, the third quarter could be a different story.

Two publicly-traded mortgage companies recently completed reverse stock splits and a third split is in the works.

PennyMac's board boosted the second-quarter dividend 50% to 30 cents a share.

Truist is also a top-10-ranked player in warehouse finance...

Cornerstone Capital Bank in Houston is on an executive hiring spree...

With the yield on the 10-year Treasury reaching multi-month lows of late, MBS investors see smooth sailing to a rate cut by the Fed.

What’s surprised Dan Libby, a senior vice president at Mortgage Industry Advisory Corp., is that hedging inquiries from MSR owners have not come sooner.

The future looks somewhat positive for loan brokers, but not so for mortgage bankers. Not surprising given production trends, but a Fed rate cut in the fall could change the hiring equation.