Another trading firm that hopes to ride the non-QM wave is RAMS Mortgage Capital…

Loans in GSMBS Trust 2018-RPL1 were acquired from a government-sponsored enterprise, though Fitch didn’t identify which GSE.

One New Jersey-based loan officer told IMFnews, “It’s very un-nerving right now.” He noted that on a recent workday he had account executives from three different companies come into his office. “One of them, I hadn’t seen in a year.”

The groups expressed their view that Kraninger has the ability to lead and manage the CFPB and protect the financial interest of consumers.

As of early November, PrimeLending had 1,336 LOs registered on the Nationwide Multistate Licensing System.

MBA’s Pete Mills noted that IMBs of all sizes from small to large are examined each year…

Lenders continue to worry about examiners critiquing them on issues not based in law…

Early last decade, Fannie common once traded as high as $85.03, Freddie $68.20.

The dollar volume of low-score purchase loans increased by 29.8 percent from the second to the third quarter, while total GSE purchase business went up 23.6 percent.

Gone from the Senate, via retirement, is Sen. Bob Corker, R-TN, a moderate Republican who was a proponent of reforming the secondary mortgage market…