Yet another funder has pulled the plug on traditional retail mortgage lending, but will remain a correspondent buyer...

Despite receiving hundreds of comments against the proposed rule to ban captive insurance companies from membership in the Federal Home Loan Bank system, the Federal Housing Finance Agency forged ahead this week and issued a final rule banning them from the FHLBanks, upsetting many in the mortgage industry. The decision forces FHLBank members that had used their captive insurers to join the system prior to the FHFA’s proposed rule, many of which are ...

In the past, some lenders have complained about forced buybacks because of loan defects even when a mortgage is current.

A 100 percent rejection rate? That's a problem...

Shelly Logemann, a top producer and branch manager for the privately held RPM, told us “TRID was a blip on the radar..."

The $3.02 billion of Ginnie Mae rights that IMA is selling are presently being subserviced by LoanCare Servicing, Virginia Beach, VA.

Alternative-documentation verification in the current market typically includes a review of bank statements, W2s, pay stubs, assets and more...

Quicken Loans, ranked second overall in GSE loan deliveries last year, growing its business by 32.2 percent…

The guidance from Fitch could ease some fears among purchasers of non-agency mortgages...

REITs have gained access to the FHLB discount window with the goal of leveraging their investments in both MBS and servicing rights.