Bank of America expects 50 percent of its mortgage clients to go the digital route next year…

Policy changes are coming down the pike for participants in government lending programs to enhance and improve operations, compliance and customer service, according to agency representatives speaking at the Mortgage Bankers Association’s annual convention in Washington, DC, this week.

Ginnie EVP Maren Kasper said the agency is currently working on stress tests for its issuers and could have results by early December…

Both Wells Fargo and Bank of America are rolling out digital mortgage application services this year. Speaking at the annual convention of the Mortgage Bankers Association this week in Washington, the megabanks said they are seeing increased utilization of digital solutions by mortgage clients, which will in turn change the role of loan officers.

Loan production increased at U.S. Bank but mortgage revenue declined…

Ken Logan, managing director of warehouse finance for Wells Fargo Bank, noted that nonbanks need to know “not having cash matters.”

FHA debt-to-income ratios are also deteriorating…

“It’s time to go,” said Ranieri...

The Senate Banking Committee's review of GSE pilot programs will have to wait...

Mortgages originated by correspondent lenders and sold to aggregators accounted for a larger share of agency business in the third quarter, according to a new Inside Mortgage Trends analysis of mortgage-backed securities disclosures. [Includes two data charts.]