D. Steve Boland, Bank of America’s home loans originations executive, says retail mortgage lending is the perfect way to connect with the bank’s customers. In an interview for a special report published by Inside Mortgage Finance Publications, Boland noted that BofA serves one out of every two banking customers in the country. “We have a tremendous footprint and franchise, from our financial centers to the mortgage loan officers and all of the other associates that serve our customers,” he said ...

Federal regulators issued a document this month clarifying Basel III capital requirements that apply to banks. Among other issues, the Federal Deposit Insurance Corp., Federal Reserve and Office of the Comptroller of the Currency addressed the treatment of certain loan modifications and FHA loans. The capital rules took effect Jan. 1 for most banks, with a phase-in period for many aspects of the rules. The federal regulators said that when a mortgage isn’t in default and ...

Most of the slack is being taken up by nonbanks, which serviced $1.571 trillion of agency MBS at March 31.

Many real estate agents report that appraisal costs have risen and AMCs’ overhead may be responsible...

Most of Altisource's business is tied to Ocwen, which is in the process of ridding its servicing portfolio of agency loans.

The top contributor to the new Credit Suisse jumbo deal is New Penn, which is controlled by MBS co-inventor Lew Ranieri.

Then there was Bert Ely who noted: "In my opinion, American housing policy is leading the country down the same path that led to the last housing bubble..."

A period with protection against liability would allow the CFPB to evaluate any unforeseen issues stemming from TRID.

The Federal Reserve is seen as taking the brunt of nonbank servicer-induced prepayment risk on agency MBS.

Tal Frank, president of the company, noted that mortgages made to physicians maintain a near zero delinquency rate, even those without a downpayment.