Visio originates through the retail channel but also uses loan brokers…

The largest gain among the 14 companies was 3.6 percent, the largest decline -5.6 percent.

Panorama is not new to the mortgage business. In July 2016, the Omaha-based PE firm unveiled a “significant” investment in Alterra Home Loans…

The decline in market share for jumbos has occurred as interest rates have risen.

Rates were in a decline Monday morning...

Loans in the pool have an average age of 24 months.

While the goal of a stronger MRB is not new, it has taken on a new urgency in discussions between HUD and DOJ...

The top five EC lenders in 3Q18 were Redwood Trust, U.S. Bank, Angel Oak, Citibank and Citadel Servicing…

Nonbanks need to come up with a contingency plan if warehouse lines of credit and other forms of financing are not renewed or are reduced.

The Department of Veterans Affairs has issued guidance clarifying the effect of guaranteed claim payments on a veteran’s home-loan entitlement. According to the guidance, a veteran loses a part or all of his VA home-loan benefit when the agency pays a claim on a loan terminated by a foreclosure, short sale or deed-in-lieu of foreclosure. For VA loans originated on or after Jan. 1, 1990, the VA will no longer establish debts against veterans after it pays a claim to reimburse a servicer for its loss. Reimbursement could be up to the maximum guaranty amount. On the other hand, the agency may establish a debt against the veteran and pursue collection if the loan was originated prior to Jan. 1, 1990. If the veteran wants to reuse the VA home-loan benefit, he or she must fully reimburse VA for its losses in order to restore full entitlement. The loss only affects the veteran’s entitlement under the VA Home Loan guaranty program and ...