As the outlook for originations – especially refis – continues to worsen, more nonbank mortgage firms may consider selling out to larger competitors later this year, according to interviews conducted by Inside Mortgage Finance.

FHA officials have fretted about rising DTI ratios for some time…

A HUD spokesman told this news organization that “non-U.S. citizens without lawful residency in the U.S. are not eligible for FHA-insured mortgages.”

Noticeably absent from the letter: the FHLBs of Chicago and San Francisco…

Kraninger also avoided making a commitment to defend the CFPB’s constitutionality...

Meanwhile, several large MSR packages are currently out for bid.

Of course, there are some in the industry who will argue Fannie and Freddie are hardly zombie-like at all...

The seasonal surge in housing sales produced a strong increase in primary mortgage insurance activity during the second quarter, especially for private MIs, according to an Inside Mortgage Finance ranking and analysis. [Includes three data charts.]

The Consumer Financial Protection Bureau should adjust loan originator compensation rules to provide lenders with some flexibility, according to mortgage industry participants.

Most of the nation’s largest home lenders started reporting second quarter results this week, indicating a modest improvement in residential originations and profits – but nothing to write home about.