But to remain in compliance, parties involved in co-marketing deals have made adjustments to their activity valuation and documentation.

The new regulatory category would allow non-QMs to obtain QM status as long as they meet certain performance requirements and other standards during the first three years after origination.

It took 15 months for the acquisition-minded Freedom Mortgage to close on RoundPoint. What snarled the deal? Low interest rates, for starters.

Trade groups point out the irony of raising mortgage rates at a time when the Federal Reserve is spending more than $40 billion a month on agency securities in an attempt to lower the cost of buying or refinancing a loan.

Mortgage delinquencies shot up during the second quarter, though there were variations among servicers and loan types. (Includes data chart.)

Even under modest assumptions, Fannie and Freddie likely won’t have enough available equity to make a sale of common worthwhile.

Mortgage firms in California may face expanded scrutiny over unfair, deceptive and abusive practices, if the proposal passes through.

Despite a sharp drop in GDP in the second quarter, Fannie economists expect mortgage originations to reach $3.4 trillion in 2020, the most since the banner year of 2003.

With regulations constantly changing and a new relief package in the offing, lenders are increasingly falling back on workflow automation vendors.