The Fair Labor Standards Act spells out the basis for an administrative exemption from overtime pay.

One commenter said the GSEs should be required to purchase chattel loans that are “prudently underwritten with appropriate consumer protections.”

Once again, the concept of "principal reductions" on Fannie, Freddie loans rears its ugly head.

What does a depository do if it has a mortgage with a TRID error?

The improved R&W framework has been a big plus for GSE sellers...

SFIG noted that the proposal won’t supplant the group’s efforts to pursue a resolution from the CFPB to uncertainty related to TRID exceptions.

Former Fannie CFO Howard said this leaves the government-controlled mortgage giant to pay about $7 billion over the next 10 years in premiums and hedging costs.

With rates rising of late, MSR pricing should firm up...

With commercial banks continuing to pare back their role in the mortgage market, nonbanks are aggressively hiring top performers.

The mortgage chiefs at “marketplace” lender SoFi were at the recent ABS Vegas show talking up their business with other lenders...