But the analysts eventually conceded they didn’t have data on borrowers’ assets, income, LTVs and more.

Among other things, Icahn mentions a "changing and potentially punitive regulatory framework..."

Lender anxiety tied to the Consumer Financial Protection Bureau’s crackdown on marketing services agreements is reaching a new fever pitch these days, while spreading to other sectors of the housing finance industry, namely home builders and Realtors. Industry officials interviewed by Inside Mortgage Finance over the past two weeks said title insurance affiliates owned by Realtors and home builders are a particular area of concern – namely pushing customers into using service providers in which they have an ownership stake. “I’ll tell...

First Mortgage Corp., Ontario, CA, this month completed its liquidation, selling its branch network and $6 billion of servicing rights to other firms, and winding down a 44-year-old business that catered to FHA borrowers with lower credit scores. Jean Ziroli-Kobielsky, a recruiter for the family-owned business, noted that it wasn’t fear of regulatory oversight that prompted her father and brother to sell FMC, it was technology: “Some of our technology systems were still using DOS,” she told Inside Mortgage Finance. (DOS, or disk operating system, was the precursor to the Microsoft Windows software line for PCs.) She said...

There was some good news from Ocwen: the company earned $44.2 million from servicing sales...

Of the 21,100 complaints submitted by consumers in the region, 27 percent have been related to mortgages.

Although the FHFA received more than 1,300 comments on proposed changes to its membership rules, it has yet to issue a final regulation.

In addition to alternative credit scoring models and low downpayment products, panelists suggested more public/private partnerships are needed to create affordable housing communities.

The privately held Guild Mortgage, San Diego, said it funded $10.7 billion in home mortgages through the first nine months of 2015...

As the head of the NAIHP, Savitt has been a frequent critic of the Consumer Financial Protection Bureau...