There’s nothing like falling interest rates to nudge a mortgage company to sell MSR. But what if rates decline more than anticipated?

loanDepot’s common now trades for almost $5.00 a share after being close to $1.00 for much of the year. Theories for the shift include factors specific to the company or signs that the industry is turning the corner.

Analyst Jaret Seiberg called the concept of SEC action probable though "not guaranteed."

A majority of his nonbank customers are making money on their originations again, according to one warehouse veteran.

The Fed rate cut? The odds presently focus on a 25-basis-point trim on the short end of the stick.

The Trump administration wants to take Fannie Mae and Freddie Mac public, but it’s not clear whether the two would go public as one merged entity or as two separate companies.

Warehouse finance for mortgage lending is showing some modest gains. And no one’s quitting the business, at least not yet. (Includes data table.)

Nonbanks aren’t exactly in a rush to hire new workers these days even though conventional rates are the lowest they’ve been in almost a year.

Mr. Cooper remained the largest subservicer with $778.1 billion of contracts on its books at the end of June.

PennyMac released financial results for July and August as it presents for the Barclays Global Financial Services Conference.