Five Oaks’ jumbo conduit also has faced headwinds due to a lack of demand for new jumbo MBS.

Don't like the housing sales figures? Blame Trump and Bernie...

When it comes to attracting and retaining top loan originator talent in the era of the Consumer Financial Protection Bureau, it looks like independent shops may be the game to beat. One key issue now is whether depository institutions will step up to compete for the top talent in the mortgage space. “If we look back to 2008-2009, the brokers fled as quickly as they could to the independents, the depositories, just everywhere they could, to be able to operate and manage their business,” Drew Waterhouse, managing director of Hammerhouse LLC, said during an Inside Mortgage Finance webinar late last week. As the playing field has become more level with all the different regulations that have been brought to bear since then, “you see...

On the other hand, 63 percent said the new forms for loan estimates and closing disclosures were easier to understand...

Prior to the HELP Act, a small lender was only eligible for these provisions if it operated predominantly in rural or underserved areas.

“Look, it’s March of an election year. And it’s not like he was going to get a lot done," said one observer regarding Stegman's departure.

Meanwhile, we’re told that WJB’s woes can be traced to more than just TRID errors…

Merge Fannie and Freddie into one? Crazier things have been suggested...

The average loan amount on GSE condo mortgages in 2015 was $214,431.

One commenter said the GSEs should be required to purchase chattel loans that are “prudently underwritten with appropriate consumer protections.”