Origination

One of its highlights was technology, data and analytics where revenue rose 11% to $192 million. Its EBITDA margin was 26.7%, up 460 basis points from last year.

The National Association of Independent Housing Professionals has formally asked the Consumer Financial Protection Bureau to grant an extension on the filing of mortgage call reports for those in the FEMA disaster areas.

It appears that the government-owned Ally Financial likes mortgage brokers after all, trusting them in the jumbo space.

The government owned bank will fund jumbo mortgages through brokers and correspondents.

Mortgage brokers accounted for almost half the job gains since the beginning of the year, according to an analysis by National Mortgage News.

Fannie Mae ended September with loan commitments to buy $76.5 billion of new mortgages, a sign that originations will stay strong until yearend.

The survey, however, offers no specifics on residential loan officers, who according to National Mortgage News, are doing quite well this year.

At the end of September, Redwood Trust had 49 active residential loan sellers, up from 37 at June 30. It hopes to have 55 (correspondent) sellers by year end.

Are you a mortgage broker or a mortgage lender? As of August regulations required you to have an AML manual in place to check for and report not only money laundering but also suspicious activity.

The CFPB and FHFA said Thursday they are teaming up to create a first-of-its-kind mega-database of mortgages to track market trends and support policymaking research.