The American Bankers Association argues the CFPB should acknowledge the bureau is bound by the guidance it issues…

One slide in the GSE presentation is entitled, “The Blob and the Return of the Blob,” a reference to the horror movie classics of the late 1950s…

Collectively, Fannie Mae and Freddie Mac recorded a modest increase in new single-family business from the first quarter of 2018 to the second, but the bird’s-eye view misses some key details. [Includes three data charts.]

The Fed report focused on the origination of FHA mortgages, which are generally more risky than loans eligible for sale to GSEs…

Under the Economic Growth, Regulatory Relief and Consumer Protection Act, banks with less than $10 billion in assets can receive QM treatment for certain loans...

FHA Commissioner Brian Montgomery on risk-sharing with private MI firms: Not an immediate concern…

Roughly 44.6 percent of the loans were underwritten with alternative documentation or bank statements…

But there’s a catch for lenders: Originators will have to pay an additional loan-level price adjustment…

Home Point Financial, Ann Arbor, MI, said it will “transition” some of its East Coast retail branches to Northpointe Bank...

In the first quarter of 2018, Flagstar funded $7.88 billion of home mortgages, just $960 million of which came through the retail channel...