Bank of America continued to dominate second lien lending with $4.05 billion of originations during the first quarter of 2017…

According to resumes posted on LinkedIn, Stamos had no direct mortgage lending experience whatsoever, nor did his co-founder Ori Zohar.

Sen. Warner noted the Trump administration is committed to doing something about the GSEs…

One industry consultant who expects a lot of activity this year is David Lykken, president of Transformational Mortgage Solutions.

“We can’t futz around until October,” said attorney Richard Andreano…

Georgetown University law professor Adam Levitin notes, “In other words, this just ain’t a big deal.”

Other contributors to the deal include Stearns Lending, American Pacific Mortgage and Cornerstone Home Lending.

If there’s a TRID error, secondary market investors will not buy the loan or will pay less for it…

FBR believes continued changes at FHA will benefit private mortgage insurers...

The Treasury Department’s report on reforming financial regulation in the U.S. blames rules ushered in under the Dodd-Frank Act – and promulgated by the CFPB – for tight credit conditions in the mortgage market. “While Dodd-Frank and the ATR/QM [ability to repay/qualified mortgage] rule were not intended to eliminate markets for loans that did not meet the QM standards, the reality is that the vast majority of lenders remain unwilling to make loans that do not meet those standards, eliminating access to mortgages for many creditworthy borrowers,” Treasury wrote in the 142-page report. (At best, $3 billion to $4 billion in nonprime/non-QM mortgages might be originated this year out of total industrywide originations of $1.5 trillion.) The administration took aim at Appendix ...