Nonbank lenders discovered the non-agency jumbo market and helped drive production to a record $613 billion last year. The conforming-jumbo market fell sharply in the fourth quarter as lenders gamed the annual loan-limit adjustment. (Includes three data charts.) Read More

Fix-and-flip shops are in vogue these days but pricey to buy. Still, Rice Park has big acquisition plans. Can it execute? Read More

As the “easy” refis decline, lenders are turning to non-QMs, renovation loans, equity-extraction products and other less common offerings. There are also other moves lenders can make at the beginning of a down cycle, according to industry analysts. Read More

By punting on this GSE case, the appeals court effectively ends shareholders’ constitutional and Administrative Procedures Act claims. Now, all eyes turn to a breach of contract battle in district court. Read More

Rocket is the largest home lender in the land but ranks fifth among servicers. Does it have designs on being the number-one servicing shop too? Hard to say. Read More

The choice between FICO, VantageScore or using both has implications for both originators and the secondary market. Read More

Government agencies and trade associations are warning the residential-finance industry to guard against the elevated risk of cyberthreats from Russian actors in the wake of that nation’s invasion of Ukraine. Read More

The consortium of mortgage lenders hopes to have 20 Walmart locations by the end of year. The co-op also launched a credit reporting agency and loan automation service for members. Read More