Recently, Home Point added a large retail lending team from Great Plains Bank and Newman promised that “we have another large retail team scheduled to come on in the next several weeks.”

The set of changes was updated in the GSE’s selling guide and shows a new way that income from self-employment can be both calculated and documented.

Guaranteed Rate, a retail mortgage lender, continued to expand its business with the acquisition of new call centers and 75 loan officers from Discover Home Loans, which recently announced its decision to exit the mortgage origination business. The new loan officers will join Guaranteed Rate and help generate more loans through its new Digital Mortgage technology, which the company launched in June. The software uses encrypted cloud storage and ...

"Mr. Cooper" seems like an odd name for a mortgage company to trademark, but you never know...

SIFMA argues that the FHFA has to take a more active role in keeping GSE programs aligned so that differences in prepayment speeds do not emerge.

Irony or good business?: Ocwen's mortgage customers are located in the U.S., but the back office staff processing their loans are mostly overseas.

Activity in the Home Affordable Refinance Program in the second quarter of 2015 was down 0.3 percent from the first three months of the year, according to new loan-count figures released by the Federal Housing Finance Agency. Fannie Mae had a slight increase in HARP activity and accounted for 59.3 percent of the total for the two government-sponsored enterprises. …

Charles Schwab Bank was the biggest investor in consumer ABS with $12.49 billion at the midway point in the year.

It could be years before many lenders get comfortable offering non-QMs with significant default risk due to the litigation risk.

Although Republicans likely have enough votes to force a multi-prong regulatory relief bill through both chambers, the White House remains opposed...