“The process of dealing with RHS is a nightmare,” said Rep. Blaine Luetkemeyer, R-MO, vice chairman of the committee.

Investors have been unhappy with Nationstar’s stock performance the past year and want a clearer picture of where the firm is headed.

In response to its anxiety, the Inspector General plans a series of audits that will study the risks posed by an increasing volume of nonbank loan sales.

One source said the CFPB is even reaching out to former MI officials to assist it in its review.

Mortgages with uncured TRID violations will have higher losses if they default, owing to the potential for increased legal costs and damages, said Moody's.

First Guaranty Mortgage Corp., Frederick, MD, originated $940 million of home mortgages in the first quarter, a 48 percent jump from the same period a year earlier.

According to the website ShortSqueeze.com, almost 30.2 million shares of Ocwen are presently being shorted by speculators or 46.48 percent of the float...

Quicken once again ranked first among all FHA lenders, funding $2.46 billion during 1Q, more than double the volume of its closest competitor, Wells Fargo.

The CFPB also disputed the notion that the Aug. 1 effective date comes at a bad time on the closing calendar...

CFPB May Review Lender-Paid MI. Pricing on lender-paid mortgage insurance policies has come down over the past several months, apparently spurring the CFPB to take a look at what’s going on behind the curtain. Citing industry officials who claim to have knowledge of the situation, Inside Mortgage Finance, an affiliated publication, reported late last week that the powerful consumer regulator may focus on whether there is some kind of quid pro quo going on between lenders and mortgage insurers. In particular, the CFPB is interested in the discounting of LPMI in exchange for a lender sending more of its MI business to an insurer and whether such a practice violates the Real Estate Settlement Procedures Act, the newsletter reported. In ...