“More people want to take care of their student loan debt before getting into even more [debt] with a mortgage," said Rick Sharga, executive vice president of Auction.com.

Although Manhattan Mortgage operated mostly as a loan broker, a press statement from MC Home Loans describes the new company as a “banker.”

A spokesman for the NYDFS admitted that, “We’re constantly trying to improve our processing times, but we know that we have a lot of work to do..."

ABA said all stakeholders believe that clearer and more effective mortgage disclosures are important and worthwhile.

Renters' attitudes about homeownership have shifted, said Freddie Mac...

The lead generation firm argued that the CID’s notification of purpose was too vague and thus failed to comply with legal and regulatory requirements.

The results are based on 354 lenders that submitted production data to the trade group.

However, the ground breaking MBS from Lone Star did not receive ratings and was not subject to requirements from the SEC regarding the disclosure of third-party due diligence.

Freddie’s multifamily business grew so much that some industry observers worried that the GSE could reach the $30 billion annual multifamily business cap set by the FHFA.

Stearns Lending has been on the auction block for well over a year, maybe longer...