“A terrible outcome,” one mortgage consultant told IMFnews…

Commercial banks continue to avoid the reverse mortgage market like the plague.

Nationstar Mortgage is laying the ground work for a huge debt sale. But what will it use the money for?

Eric Morgenson, a sales manager at Angel Oak, said the lender’s main concern involves New York's foreclosure timelines

If Kurland sells all of the shares he registered, it will leave him with 424,025, making him (still) the largest individual shareholder in the publicly traded REIT.

One proposed rule would establish reasonable fees that VA lenders may charge in connection with the origination and servicing of loans.

The biggest mortgage story of 2015? How about origination volumes being a lot better than anyone dreamed of?

Originations of interest-only mortgages by lenders that are prominent in the niche have lagged behind overall mortgage production trends, according to a new ranking and analysis by Inside Nonconforming Markets. Through the first three quarters of 2015, first-lien IO originations by a group of 12 lenders increased by 13.2 percent compared with the same period in 2014. Overall mortgage production in that time increased by 42.9 percent, according to ... [Includes one data chart]

Some lenders offering non-qualified mortgages see the product as a way to generate volume in a sector of the market that most competitors are avoiding. However, even some prominent non-QM lenders aren’t comfortable originating the loans in New York State. New York was the fourth-ranked state in terms of total originations in 2014, according to an analysis of Home Mortgage Disclosure Act data by Inside Mortgage Trends, an affiliated publication, accounting for 4.2 percent of ...

The CFPB letter is aimed at preventing the secondary mortgage market from getting clogged up...