Mortgage lenders were making big strides in reducing the number of loan defects related to documentation just as the new integrated disclosure rule took effect, leading to a surge in compliance-related defects. That’s according to a new report based on an analysis of the post-closing quality control data associated with more than 50,000 mortgages that was performed by ACES Risk Management Corp., otherwise known as ARMCO, a provider of web-based audit technology ...

Meanwhile, as home equity originations improve, the outstanding supply of home-equity debt continues to decline.

All three panelists expressed the view that the nonprime market is safe from competition from the megabanks...

Potential MSR sellers abound, but what price will they accept?

The third quarter has yet to end and the big question for the industry boils down to this: Will 3Q be better than 2Q?

Among other things, Fannie found that for 3Q16, more lenders expect to sell their mortgages to the GSEs rather than keeping them in portfolio.

There is no clear explanation as to why VA rates are lower than the competition, but some industry participants, including Tom Piercy of Incenter Mortgage Advisors, speculate prepayments might be the reason.

One mortgage branch manager described the underwriter shortage as a “big time” problem.

Cash-flow underwriting for mortgages on investment properties also may present regulatory concerns…

Meanwhile, while the jumbo securitization rate during the quarter was a paltry 0.8 percent…