Seterus is owned by IBM, but the vendor doesn’t even mention the ownership link to ‘Big Blue’ in the “About Us” section of its website…

The RESPA statute and existing regulations still clearly prohibit payments for referrals…

The three largest holders of first-liens are Wells Fargo, JPMorgan Chase and Bank of America…

Keefe Bruyette & Woods believes new PMIER rules could see the light of day shortly…

Ginnie Mae: “We are glad to work with industry participants to try to find workable solutions allowable by law.”

The U.S. Supreme Court decided this week that it’s not going to hear an appeal from Royal Bank of Scotland and Nomura Holdings, which were hoping to overturn an $839 million award ruling on an old MBS suit. This puts an end to a drawn out seven-year battle between the government and the two banks.

HUD Secretary Ben Carson has acknowledged the importance of FHA condo rules, particularly for millennials…

Once risk-layering appears and LTV ratios climb, then all bets are off...

“It’ll be more chaos if the president has to appoint another acting director," said one former CFPB official.

Starwood Property Trust announced this week that it agreed to purchase up to $600.0 million of non-qualified mortgages originated by Impac Mortgage Holdings in the next 12 months. The real estate investment trust also revealed that it has already acquired $900.0 million of non-QMs from Impac. “We are excited to formalize our partnership with Impac, which we believe will help scale our opportunity to provide non-QM loans to high-quality borrowers while sourcing ...