Most of the nation’s largest home lenders started reporting second quarter results this week, indicating a modest improvement in residential originations and profits – but nothing to write home about.

There appears to be no clear, unified lending policy among the government-sponsored enterprises, FHA, VA and the U.S. Department of Agriculture when it comes to the eligibility of certain non-permanent U.S. residents for a conventional conforming or government-backed mortgage loan.

Attorney General Jeff Sessions: “When issuing regulations, federal agencies must abide by constitutional principles and follow the rules set forth by the Congress and the President.”

At times, LendingTree’s share price has been highly volatile…

MBA Chairman-Elect Chris George said the CFPB could make some adjustments to LO comp regulations, providing lenders with more flexibility…

The budget for the three advisory groups will be limited to $150,000 each per year.

The Minneapolis-based depository posted $191 million of mortgage banking revenue for the second quarter…

The judges opined: "Indeed, the GSEs lost more in 2008 ($108 billion) than they had earned in the previous thirty-seven years combined ($95 billion). Yet the GSEs remained solvent.”

Some Wall Street firms are now quietly extending repo lines to originators of non-QMs...

Nationstar said it continues to “evaluate significant servicing growth opportunities” and expects to end 2018 with at least $530 billion of MSRs...