Although sales of existing and newly constructed homes were both up in January 2017, a slump in the number of contracts signed for existing homes may be a harbinger of a rough spring market. A low supply of homes on the market, especially in the Midwest and West, caused a lull in pending home sales at the beginning of the year, according to a National Association of Realtor index based on contract signings. The Pending Home Sales Index showed that the number of homes with a contract in January was the lowest it’s been since January 2016. Existing home sale gains (up 3.3 percent in January) showed...

SFIG Executive Director Richard Johns suggested that instead of removing requirements for risk-retention, policymakers could provide capital relief for issuers that retain risk on their securities, rewarding “good behavior.”

In late January, Steven Sugarman, who built the bank into a well-regarded regional lender, resigned as CEO.

How much do LOs working at call centers earn per deal? We heard that some shops pay as little as 15 to 25 basis points...

However, GSE reform will require a bipartisan effort and already other priorities are developing…

The number of mortgage-related examinations by the CFPB declined in most areas with one glaring exception: nonbank residential originators…

Then again, Trump has been known to surprise people.

As one executive put it: “January was slow, February was lower, and I can’t tell how March will be yet.”

PHH argues the plaintiffs lack legal standing to intervene, their motion is “inexcusably untimely,” and it fails to satisfy the requirements for intervention.

Challenges include higher interest rates, which are translating into lower production volume in 2017…