Due diligence reviews can be costly, especially when the mortgages being produced are pristine.

The Garden State is following in the footsteps of Pennsylvania, which created a Consumer Financial Protection Unit last July and hired a former CFPB attorney to lead the initiative.

The new non-agency MBS from Invictus is a bit of a rarity: the bond is backed only by mortgages on single-family rental properties.

CEO Jay Bray was eligible for a maximum bonus of $6.90 million…

Is Bank of America doing a slow fade on mortgages?

Back in July 2017, Fannie revised its automated underwriting system to accept loans with DTI ratios over 45 percent without lenders having to show other compensating factors…

BofA also produced $3.75 billion of home equity loans in the first quarter...

In the 2017 annual report, Pershing Square lists Fannie and Freddie common among its “losers…”

In early 2018 both GSEs were under orders from the Federal Housing Finance Agency to set g-fees that meet a “minimum return on equity…”

Finance of America’s new president is industry veteran Bill Dallas.