The Blackstone Group said it has acquired a “significant” stake in The PMI Group, a once-bankrupt mortgage insurer that is now in receivership.

Meanwhile, refinance lending rose just 0.9 percent from the first to the second quarter, but still accounted for just over half of new originations during the period.

The CHLA noted that almost 99 percent of depositories are exempt from exams conducted by the Consumer Financial Protection Bureau.

Glass told IMFnews that he has seen a noticeable uptick in searches for what he calls “senior leadership” positions...

Ginnie’s big advantage is that it gets all the FHA and VA loans, while the GSEs so far have not gotten much traction in their reduced-downpayment programs.

According to figures compiled by Inside FHA/VA Lending, Wells ranked second among all FHA retail originators in the first half.

NYCB Mortgage and George Mason Mortgage are once again top contributors to the REIT's jumbo deals...

Some in the industry, including the MBA, feel the certification language lacks clarity...

Pershing Square and Perry Capital began loading up on GSE “junior” preferred two years ago, but not because they thought it was a great investment...

Meanwhile, 37.0 percent of realtors indicated they have put together plans with their lender or title company to help even out the process...