Michael Fratantoni, chief economist at the Mortgage Bankers Association, said the GSEs’ back-end risk-sharing deals do not represent the type of reform most industry participants would like to see.

CFPB Director Richard Cordray had his turn next: “Prophets of doom have warned of delays in closings and the need for consumers to buy longer rate locks because of their failure, or perhaps refusal, tounderstand the requirements of the three-day waiting period,” he said.

Due diligence vendor The StoneHill Group is in a hiring mode...

Some observers believe the CFPB is questioning whether certain LOS vendors are qualified to serve the industry, fearing a potential crackdown on such companies.

Investors that buy homes accounted for 15.2 percent of purchasers in September, based on a three-month moving average.

The fear for MI firms, and the analysts who cover them, is that another cut in the MIP would eat into policies that might be written by the private mortgage insurance sector.

Yet, here’s loanDepot, a firm launched just five years ago by industry veteran Anthony Hsieh, filing its S-1 statement with the Securities and Exchange Commission…

At mid-year 2015, Redwood’s subsidiary had $882 million of outstanding FHLB advances with a weighted average interest rate of 0.23 percent and a weighted average maturity of six years.

Jumbos accounted for 18.1 percent of total production in 2014, up from a 14.6 percent share the previous year.

One of Fannie’s and Freddie’s reputed “sins” was donating large sums of money to politicians who, in turn, ran interference for them on Capitol Hill...