Final PMIERS Rule Expected in 1Q15. The Federal Housing Finance Agency has revised its timeline for publishing a final version of the Private Mortgage Insurance Eligibility Requirements, which Fannie Mae and Freddie Mac proposed in July at the direction of the FHFA. The PMIERS will establish capital and other requirements for private mortgage insurers. In a statement, industry trade group U.S. Mortgage Insurers said it has received word from the agency that the final PMIERS would not be published until at least late in the first quarter of 2015. The FHFA initially indicated that a final rule would be issued by yearend 2014. The USMI reiterated its support for an updated PMIERS. Mortgage Executives Concerned About G-Fee Increase. A survey of mortgage executives at this year’s Mortgage Bankers Association annual conference found 53 percent saying that ...

The top refi lender through the first nine months of 2014 was Wells Fargo with $38.56 billion, but Quicken wasn’t too far behind at $32.48 billion.

The MBA’s legal counsel tried to begin by focusing on the dividing line between interpretative rules and legislative rules, but soon found herself having to defend the trade group’s support for the DOL’s original 2006 position.

The fourth quarter of 2014 is turning out to be decent in terms of applications and pipelines.

If you’re looking to buy a foreclosure for a quick “flip,” you might want to act quickly. Inventory is shrinking rapidly...

The Treasury Department noted that QRM standards do not include requirements for loan-to-value ratios.

Some 61 percent of mortgage executives believe lenders are overly restrictive with underwriting standards.

As one West Coast-based mortgage executive told IMFnews: “It can be a very tough space. You need lots of capital."

The sharp increase in industry holdings was fueled by a massive acquisition of credit card ABS by TD Bank...

Eventually, PMFS hopes to securitize its originations through PMMIT. Initially, its maximum loan amount will be $10 million,