The rescission of the bulletin does not mean MSAs are presumably legal. Instead, it will depend on how the business relationship is structured and implemented.

DBRS saw a relatively small 5.7% decline in MBS ratings from the first to the second quarter, and actually upped its ratings of expanded-credit mortgage MBS...

Talk about liquidity: the document reveals with this master repurchase deal under its belt, Quicken now has “total funding capacity”of $27.5 billion.

The typical cost for a lender to implement the TRID rule: $146 per unit, accounting for 2% of the average origination cost.

The April-June cycle marked the first time since the end of 2016 that bank retail lending exceeded wholesale production. Then again, in the call-report world, wholesale includes both loan purchases through correspondent operations and originations involving mortgage brokers.