The White House still wants to kill Fannie and Freddie, but in the meantime it benefits from the their healthy revenue streams...

The loans backing the bond will be originated by nonbanks Ditech Financial and loanDepot.

In its new annual budget, the White House declares that the FHA mutual mortgage insurance fund is vulnerable to “Black Swans...”

Other parts of the nation with the caution light on include Florida and Texas…

TRID has become such a serious problem that some lenders are starting the education process early with new loan officers.

In the fourth quarter, 20.3 percent of refi loans sold to the GSEs were in the low-score category, the highest level for the year.

In November, Judge Sweeney denied Fannie Mae’s motion to quash or invalidate a subpoena issued by the plaintiff’s counsel…

Legacy RMBS-related legal action continued this week in both Washington, DC, and in New York City as the fallout from the financial crisis continues. In the nation’s capital, Morgan Stanley agreed to a second settlement with the Federal Deposit Insurance Corp., this time for $62.95 million, to resolve RMBS-related claims stemming from the failure of three financial institutions in the wake of the collapse of the mortgage market. The institutions are...

Ginnie Mae even posted a 5.6 percent increase in refinance loan securitizations...

Colonial National Mortgage was a beta site for the IDR and Allen Maulsby, executive vice president of the bank, said the IDR process is very “legalistic…”