Some history: When GMAC imploded earlier in the decade, some of its GSE servicing rights were sold to Ocwen. Ocwen eventually sold those contracts to Nationstar.

Officials from the Department of Housing and Urban Development and Fannie Mae made lender-friendly announcements this week at the Mortgage Bankers Association’s annual convention, while Melvin Watt, director of the Federal Housing Finance Agency, focused on some issues that he acknowledged might not be popular with lenders. HUD Secretary Ben Carson said the department is working to make lenders more comfortable originating FHA mortgages. “We have heard ...

Nearly a dozen industry trade groups sent a letter Tuesday to every member of the U.S. House of Representatives, urging them to support legislative changes to loosen up the points-and-fees cap associated with the qualified-mortgage standard. The legislative vehicle of choice is the bipartisan H.R. 1153, the Mortgage Choice Act (not to be confused with the far more comprehensive, and controversial, Financial CHOICE Act). The measure was introduced in February by ...

Moreover, escrowed homeowners insurance premiums may count as “points and fees” due to ambiguous drafting in the regulation…

What’s SoFi worth? The market may soon find out…

Look for any principles on GSE reform to avoid specificity so as not to box-in legislation being drafted in Congress…

Among the standouts in terms of lending growth were Freedom Mortgage, Caliber Home Loans, United Wholesale, and Home Point Financial, Inside Mortgage Finance found…

Who will replace Dave Stevens at MBA? The speculation has already begun...

Mortgage servicing-related gripes fell 26.3 percent in the third quarter…

It was thought that Quicken Loans, the nation’s largest nonbank funder, might follow loanDepot’s lead and enter the arena, but so far no...