Mortgage brokers

A December hiring spike at nondepository mortgage originators ended a three-month skid and solidified the fourth straight year of job gains in the sector. But with loan volume projected to decline again in 2018, it remains to be seen whether nonbanks will add more workers or start making cuts.

The 2018 Top Producers Survey is now open for submissions. This year's program features a number of new and exciting features designed to provide insights into key industry trends and feature the accomplishments and successes of individual loan officers.

PennyMac Financial Services Inc. is setting up its new mortgage broker channel to target home-buyer and higher-balance loan segments, and eventually become one of the dominant players in the space.

Refinance volume fueled recent market gains by nonbank mortgage originators. But lower volume amid the shift to purchase lending has nonbanks trimming headcounts and may position banks to recapture market share.

Bernard Polselli has sold more than a few houses during his life, and when it came time to list his place in Palm Beach Gardens, Fla., he decided not to use a traditional agent.

Consumer credit bureau and data aggregator Experian will gain a foothold in the U.K. mortgage market by acquiring a minority stake in mortgage brokerage London & Country Mortgages Limited.

Nonbank mortgage employment fell for the second consecutive month, according to the Bureau of Labor Statistics.

When a $40 million round of venture funding fell through at the last minute, digital mortgage broker Sindeo all but shut down this summer. Now recapitalized and rejuvenated, founder and CEO Nick Stamos explains why Sindeo is ready to grow again.

Nonbank mortgage employment took its biggest drop since January following the recent hurricanes, according to the Bureau of Labor Statistics.

A joint venture between loanDepot and OfferPad will broker loans for consumers who need financing to bridge gaps between the sale of one property and the purchase of another.