The mortgage lending industry is seeing a convergence of regulation, technology and demographics that is fueling a drive toward eMortgages, eDelivery and greater use of mobile devices and other technologies to simplify, digitize and speed up the mortgage process, according to Jeffrey Nuckols, senior vice president of Xerox Financial Services. On the regulatory front, most of the latest impetus, of course, has come from the Consumer Financial Protection Bureau’s integrated disclosure ...

A U.S. Court of Appeals for the Federal Circuit recently upheld rulings that went against Mortgage Grader, a loan shopping website that has filed a number of patent-related lawsuits. The court upheld a ruling by a lower court that found that Mortgage Grader’s claims related to the “abstract idea” of anonymous loan shopping and that the patents obtained by the firm didn’t include an “inventive concept.” Mortgage Grader filed a lawsuit in January 2013 against Costco Wholesale and ...

As might be expected, the GOP is once again pushing to kill Fannie Mae and Freddie Mac...

Stan Kurland on PennyMac's move into wholesale/broker lending: “We are currently developing the necessary systems and infrastructure..."

Two Harbors issued $2.00 billion of jumbo MBS 2015, adding that pricing improved for its deals throughout the year.

As one M&A advisor noted: "Value is in the eye of the beholder."

“When is enough, enough? Paying for past sins, sometimes before they were sins. I’m not speaking specifically about Wells Fargo, but in general.” – Marc Savitt, NAIHP president.

Impac is working to increase originations of non-QMs as part of an effort to mitigate against reduced refinance volumes.

No wonder Wall Street firms are trimming their fixed-income desks. MBS daily trading continues to struggle…

Will the last megabank left in the mortgage industry please turn out the lights...