Secondary

The two companies will retain ties as Daniel Wallace moves to an operational leadership position at a time when non-agency mortgage opportunities are opening up.

The company also saw a slight impact from changes to real estate commissions.

Private mortgage insurers are having a strong year so far, although most had flat business in the third quarter, industry results show.

Three of the four largest title insurers were profitable in the third quarter; First American's loss should set it up for future gains, its execs said.

United Wholesale Mortgage beat its own guidance on originations and gain on sale margins third quarter earninga, helped by an uptick in refinance volume due to lower rates in August and September.

If issuers take certain steps to manage their interest rate exposure they could get a break on new nonbank requirements set to take effect soon.

The company plans to increase investments in its proprietary products as well as marketing initiatives with expectations of originations growth next year.

Value adjustments to Guild's MSRs totaled a loss of $145.8 million, the nonbanks third quarter earnings show.

The REIT was successful in achieving all of its near-term goals, its CEO said in an earnings call.

Trump's return to the White House is reviving the prospect of preferred stockholders getting some money back after the U.S. took control of the agencies during the 2008 financial crisis to keep the housing market from collapsing.