A 'Santa Claus' mortgage application rally?

In an interview with IMFnews, John Hsu talked about Angel Oak’s $150 million subprime deal, noting that there is a “huge amount of support for this.”

Sean Becketti, Freddie’s chief economist, said, “It's too soon to tell whether marketplace lending is the next Uber or just another flash in the pan…”

The final rule from the FHFA also simplifies the standard for issuing suspension orders...

The word from the American Bankers Association is this: LOS vendors are still very busy with basic compliance and basic form-population issues…

“It is likely that Fannie Mae could have survived the financial crisis without the intervention of the Treasury,” the authors argue.

However, the new PHH filing does not contain the names of any underwriters, dealers or agents.

“The buyer did exactly what the contract allowed it to do, namely, determine that a loan was defective and demand repurchase,” Judge Wollman wrote in his ruling.

At some lending shops, almost 100 TRID technology updates have been implemented...

The VA county loan limits do not apply to Interest Rate Reduction Refinancing Loans...