Although single-women borrowers are more likely to pay their mortgages on time than single-male borrowers, they tend to pay higher mortgage rates and are more often denied credit. Those findings come from a new Urban Institute study that merged Home Mortgage Disclosure Act data for 2004-2014 with CoreLogic data on loan performance. A combination of a male and female borrower (usually in that order) accounted...

There is no clear explanation as to why VA rates are lower than the competition, but some industry participants, including Tom Piercy of Incenter Mortgage Advisors, speculate prepayments might be the reason.

The CHOICE Act also would make changes to the structure of the Consumer Financial Protection Bureau, including replacing the single directorship with a five-member board or commission.

One mortgage branch manager described the underwriter shortage as a “big time” problem.

To date, FCA/FHA settlements have netted the federal government roughly $5.0 billion.

Too many nonbanks have their net worth tied up in servicing rights. And that’s a problem…

Ocwen gets an upgrade, but there are doubters...

At Santander Bank, commitments improved by 2.1 percent to $2.4 billion while outstandings jumped 33.3 percent to $1.6 billion.

Cash-flow underwriting for mortgages on investment properties also may present regulatory concerns…

“Are there bargain hunters out there?” asked one servicing executive. “To some extent, yes.”