Under the new policy, corporations must provide the DOJ with all relevant facts about individuals involved in corporate misconduct if they hope to get leniency or credit for cooperation in the investigation.

loanDepot founder and CEO Anthony Hsieh is well known for starting companies, building them up and then selling them.

Officials from the Consumer Financial Protection Bureau, Wells Fargo and other industry players are set to provide an update on qualified mortgages and other CFPB initiatives...

One standout: FHA, where jumbo production soared in the second quarter, more than doubling to $6.8 billion.

"For the CFPB to act on its own in such a bullish manner without concern for the confusion this will cause, along with additional costs for consumers, is unconscionable,” said NAIHP chief Marc Savitt.

Over the past few years, Flagstar has been a selective seller of mortgage servicing rights, lopping off packages as large as $40 billion.

Technology, like MBS, can be complicated. Just read the new FHFA report…

GSE watchers anticipate the salary cap legislation will be signed into law this fall.

Paul Hindman of Grid Origination Services noted that any public company CEO who does not deliver on performance mandates “is at risk, more so than ever in today’s market.”

Back in the early years after the financial crisis, Fannie and Freddie accounted for 60.0 percent or more of primary-market originations...