MBS issuers, under a new proposal, will have greater leeway in buying delinquent mortgages out of Ginnie Mae pools.

Will CitiMortgage be an even greater player in jumbo lending with its new CEO?

New York State may be among the worst in the nation when it comes to approving loan officer applications.

Among the critical areas that mortgage lenders must pay close attention to in the CFPB’s ability-to-repay, qualified mortgage rule is what’s known as Appendix Q, which contains detailed underwriting guidance on how creditors must calculate the debt-to-income ratio in order to make a general QM loan subject to the 43 percent DTI limit. As adopted, Appendix Q generally requires items to be considered and verified for the two prior years, and requires well-documented projections for the following three years. However, on April 22...

Sen. Harry Reid is vowing that CFPB director Richard Cordray will get another vote in the Senate.

Progressives and other “Dump DeMarco” advocates are looking to a “Plan B” to replace the current acting head should Rep. Mel Watt’s nomination be significantly prolonged or even stall.

Ocwen had $155 billion of subprime servicing contracts at the end of the first quarter, more than double its next closest competitor.

One of the largest USDA mortgage lenders in the U.S. is giving the boot to third-party loan brokers.

The bulk servicing market continues to heat up. MountainView is out with two new deals.

The Mortgage Bankers Association wants lower guaranty fees from Fannie Mae and Freddie Mac but is willing to barter for them.