The CHOICE Act also would make changes to the structure of the Consumer Financial Protection Bureau, including replacing the single directorship with a five-member board or commission.

One mortgage branch manager described the underwriter shortage as a “big time” problem.

To date, FCA/FHA settlements have netted the federal government roughly $5.0 billion.

Too many nonbanks have their net worth tied up in servicing rights. And that’s a problem…

Ocwen gets an upgrade, but there are doubters...

At Santander Bank, commitments improved by 2.1 percent to $2.4 billion while outstandings jumped 33.3 percent to $1.6 billion.

Cash-flow underwriting for mortgages on investment properties also may present regulatory concerns…

It’s not clear how many of the consumers with unauthorized accounts had mortgages with Wells, though the megabank and its peers have put an emphasis on cross-selling financial products to jumbo customers.

Despite shying away from FHA production, Wells Fargo remained a top Ginnie issuer, closing August with $3.83 billion and ranking third overall.

The GSE conundrum in perspective: "The mortgage finance system is working so consumers are somnambulant; media occasionally write about it, but don’t get fired up; courts don’t seem to be upset over unprecedented Treasury bullying and revenue abuse..."