Joe Garrett of Garrett, McAuley & Co. wonders whether the day is coming when the CFPB will take up residence at some of the nation’s largest nonbank lenders.

In addition, yourFirstMortgage does not require an upfront mortgage insurance premium…

JPMorgan Chase may not like FHA loans very much, but it certainly has a strong appetite for jumbos, hence the huge growth in its retained portfolio...

Changes include an ability-to-repay safe harbor for loans held in portfolio...

The Lone Star bond could also receive credit ratings, which would be a first for a nonprime MBS backed by new originations in the post-crisis era...

Meanwhile, David Lykken of Transformational Mortgage Solutions told us he was the consultant who “got Chad Overhauser in the business and helped him start AmeriPro.” Overhauser is the president of AmeriPro…

Paul Rozo, CEO of Paramount Residential Mortgage Group, Corona, CA, said his shop witnessed a noticeable “uptick” in May and his fingers are crossed regarding the current month.

Better loan grading on the way?

California led all states in VA mortgage securitization with $5.6 billion, 60.8 percent of which were refis.

A research report from Keefe, Bruyette & Woods estimates that the contract could be worth $20 million to $30 million EBITDA...