Non-qualified mortgage (non-QM) lender NewFi Lending has launched a correspondent lending channel at a time when originators are fighting to grab production volume. “Non-QM product offerings are ...

This morning I head from Columbia, MO (“COMO”… big thumb’s up for Sophia’s Italian) to Kansas City for the KC MBA luncheon. I have seen very few Teslas on the road. “Bill Gates and Elon Musk should ...

PennyMac Financial Services Inc. (PFSI) on Tuesday reported net income of $136.5 million for Q2 2025 on revenue of $444.7 million, which executives attributed to big strides made in the broker channel ...

Correspondent lending is a major part of the mortgage origination business. But if you’re shopping for a home loan, you probably won’t know if you’re applying with a correspondent lender unless you ...

Loan acquisitions fell 18% in Q1; EPS missed forecasts by $0.40; $1B in new securitizations completed PennyMac Mortgage Investment Trust reported a difficult first quarter of 2025, marked by ...

Annaly-backed aggregator adds in-house LOS capabilities to support loan acquisition and correspondent growth A non-agency mortgage aggregator is expanding its correspondent lending infrastructure, ...

These services include, but are not limited to, marketing, relationship management, correspondent seller approval and monitoring, loan file review, underwriting, pricing, hedging and activities ...

AFR believes that strong partnerships are built on trust and transparency. That's why its pricing comes with no hidden fees or fine print—just clear, competitive rates that lenders and borrowers can ...

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $37.2 million, or $0.39 per common share on a ...

The FHFA announced that Fannie and Freddie will remove ‘certain’ homeowners insurance requirements which may reduce costs. But what are people saying about where their industry-facing priorities are?

Earnings Call Insights: PennyMac Mortgage Investment Trust (PMT) Q2 2025 David Spector, Chairman and CEO, reported that for the second quarter, PMT produced a net loss to common shareholders of $3 ...

Correspondent and aggregation segments achieved positive momentum, with management targeting a 20%-25% retention rate of non-government correspondent loans for the remainder of 2025. Senior management ...