In a 12-page fact sheet on the announcement, the regulator notes the final rule is “similar in key respects to the proposed rule, with certain enhancements and other changes made in response to comments.”

Some LOs are reporting turn-times stretching up to 35 days...

Attorney Jan Keas: “I think a logical question you always want to ask about social media activity is why are you doing what you are doing..."

The list of nonbanks involved in Ginnie buyouts is beginning to grow...

George Mangiaracina: “Without getting into specifics ... margins are 50% better in GSE than they are non-QM.”

When nonbanks thrive that can only mean good things for warehouse providers...