According to Anthony Hsieh, founder and CEO of top-10 lender loanDepot, the mortgage industry might want to ponder creating a “reservation” system for incoming applicants.

Nearly 12% of loans were underwritten using only one month of bank statements as the main source of income verification.

Is there any hope for GSE common?

“Mortgage originators are looking at record earnings for the first quarter,” said Chuck Klein, managing director of Mortgage Banking Solutions, Austin, TX, a consulting firm engaged in warehouse reviews and M&A activity.

Many analysts anticipated that the implementation of CECL would balloon the loan loss reserves of the GSEs...

Suddenly, lenders are talking about capacity issues...

It is rare for Republicans, who have been critical of the bureau’s regulatory actions in the past, to praise the work of the consumer regulator.