In 2015, the two GSEs sold credit risk on about $407 billion of UPB through their back-end risk-transfer programs. The actual amount of credit risk transferred was $12.6 billion.

California also has the distinction of having one of the higher broker-GSE ratios in the nation: 21.5 percent.

It’s not every day that a Federal Home Loan Bank tells one of its members to reduce its credit facilities...

No mortgage-related misconduct was alleged in the bureau’s latest action, but servicers shouldn’t take much comfort from the omission...

Borrowers are required to have a credit score of at least 700 and at least three months of reserves...

Mat Ishbia of UWM said the money his company spent getting ready for TRID is an expense "for the long haul..."

Is the booming marijuana trade in Colorado causing home prices to rise in the Rocky Mountain (High) state? Not necessarily...

The banks completed 22,459 proprietary mods in the third quarter, down 25.4 percent compared with the previous quarter...

The new offering is in the $1 billion range. MorVest hopes to complete the sale by the end of January.

Clayton said the outlets’ analysis didn’t include factors such as a borrower’s credit score, downpayment, loan size, collateral and land type...