It's always possible that Green Tree could turn around and sue HUD before HUD sues them, which is what Quicken Loans did.

A period with protection against liability would allow the CFPB to evaluate any unforeseen issues stemming from TRID.

The Federal Reserve is seen as taking the brunt of nonbank servicer-induced prepayment risk on agency MBS.

for 2014, Messina's compensation package included a base salary of $930,436, stock awards of $2.3 million and $4.1 million in “non-equity incentive” pay.

The sale actually closed at yearend, although it was revealed in a press statement dated April 21.

The MBA is backing changes to how the CFPB functions...

Tal Frank, president of the company, noted that mortgages made to physicians maintain a near zero delinquency rate, even those without a downpayment.

Quicken is the first major lender in the nation to challenge the government in this regard by filing a lawsuit.

The lender says government investigators have conducted lengthy depositions with numerous Quicken leaders…

Days after the full House of Representatives passed legislation that would amend the points-and-fees calculation in the CFPB’s ability-to-repay rule, the bill ran into some sudden resistance on the other side of Capitol Hill. H.R. 685, the Mortgage Choice Act, is a bipartisan bill that would clarify that certain affiliated title costs do not count against the “qualified mortgage” 3 percent cap on points and fees under the bureau’s ATR rule. H.R. 685, introduced by Rep. Bill Huizenga, R-MI, with dozens of co-sponsors from both parties, would exclude from the definition of points and fees all title charges, regardless of whether they are charged by an affiliated company, provided they are bona fide and reasonable. Lawmakers in the House passed ...