Apparently, the Blackstone Group recently closed on yet another mortgage company purchase...

A relatively small – even microscopic – percentage of loans securitized by Fannie Mae and Freddie Mac in the past three years have been subject to a repurchase demand, according to a new Inside Mortgage Trends analysis.

Analysts at Compass Point Research & Trading said in a client note Monday that the second quarter should be a relatively strong one for mortgage originators/servicers.

SCOTUS Watch: We’re still waiting for the Supreme Court to issue its disparate-impact ruling in Texas Department of Housing and Community Affairs v. The Inclusive Communities Project, Inc. The central issue here is whether disparate-impact claims are cognizable under the Fair Housing Act. A decision could come any day, so stay tuned… …

A relatively small – even microscopic – percentage of loans securitized by Fannie Mae and Freddie Mac in the past three years have been subject to a repurchase demand, according to a new Inside Mortgage Trends analysis. As of the end of March, lenders had repurchased a total of $2.01 billion of loans that were pooled into mortgage-backed securities by the two government-sponsored enterprises during 2012, 2013 and 2014. That was just ... [Includes two data charts]

The guidance explains how the FHA intends to categorize defects found in endorsed single-family mortgages.

Wells Fargo was the top conforming-jumbo lender in the first quarter of 2015, with $3.10 billion in such originations.

The non-cash share of financing for home purchases increased to 75.2 percent in May, according to results from the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey.

Acquiescing to Fannie Mae and Freddie Mac repurchase and make-whole demands, the big bank aggregators were more concerned about preserving their business relationship with the government-sponsored enterprises than questioning GSEs’ claims, according to compliance experts. “Indeed, it is often plainly apparent the aggregators have done nothing at all to investigate or research, much less defend against, the demands made on them by ...

There is a surprising number of smaller mortgage lenders who think they can comply with the Consumer Financial Protection Bureau’s pending integrated-disclosure rule with a substantial amount of manual practices and processes – as opposed to technological automation – and they may well be in for a rude awakening when the new rule kicks in. According to Rod Alba, senior regulatory counsel at the American Bankers Association, approximately one quarter of ...