The vast majority of community banks plan to continue to offer mortgages even though increased regulation is limiting business, according to a survey conducted by the Conference of State Bank Supervisors. Rules from the Consumer Financial Protection Bureau remain a primary concern, although many community banks already offer loans outside of the standards for qualified mortgages. “Banks continue to see opportunity in residential mortgage lending but have a mixed view of non-QM lending,” according to the report jointly compiled with the Federal Reserve. “Assessing the ability to repay and QM standards against current exposures, bankers generally identified a low level of nonconformance, suggesting the rules may generally be in line with bank practices while still requiring significant changes in operations.” Some 64 percent of the 884 community banks surveyed said...

So, is now a good time to buy into Fannie Mae and Freddie Mac? It's a game not for the faint of heart.

Although 114 servicing workers are losing their jobs in Nebraska, the lender/servicer will add as many servicing positions in the Dallas area over the next six months.

Quicken Loans once again ranked first among all FHA lenders, out producing Wells Fargo by more than $170 million. No, that's not a misprint.

However, a separate lawsuit filed by Pershing Square Capital Management in the U.S. Court of Federal Claims is unaffected by Judge Lamberth’s ruling.

The senior tranche on the Chase jumbo deal has credit enhancement of 9.90 percent.

The handbook is designed to support FHA’s broader goals of expanding access to mortgage credit and making it easier for stakeholders to do business with the agency.

Investors have been scratching their heads over the downdraft at Walter/Green Tree...

Among other things, the CFPB is warning that the technical nature of the HMDA rule could cause operational headaches.

The merger-hungry RPM Mortgage of California is the top contributor to the jumbo MBS with a 14.3 percent share.