A recession could put some strain on whole-business securitizations that are reliant on cash flows beyond royalties, according to S&P.

Mortgage Bankers Association President Bob Broeksmit decried the proposed higher capital requirements for large banks at an MBA conference.

According to a compliance attorney, the CFPB was problematizing legal behavior in its recent consent order against Freedom Mortgage.

Both mortgage industry participants and consumer advocates want the scope of coverage and liability under the rule to be narrowed.

The days of paying insane signing bonuses for top LO talent appear to be over. But there are exceptions. One talent recruiter asks: Will mortgage bankers ever learn?

Peter Boomer, a former PNC Bank executive, joins Guaranteed Rate as executive vice president.

The market share of new versus existing homes for sale varies widely across metropolitan areas.

According to Urban Institute, mortgage insurance payouts mean GSE losses on loans with LTVs over 80% are comparable to those on loans with LTVs below 80%.

A recent supervisory highlights report detailed violations of the LO comp rule by some lenders who offered differing compensation for brokered versus in-house loans. Industry participants said it’s a novel interpretation of the LO comp rule. But the bureau disagreed with the reading.

The settlement resolves charges that Freedom Mortgage provided real estate agents with cash payments, paid subscription services and catered parties in exchange for referrals.