At one time, Date headed Ethos Lending, a non-QM lending affiliate of Fenway.

At HUD, staffing levels have dropped almost 50 percent since 1991. From 2008 to 2017, HUD lost 18.5 percent of its full-time permanent staff, the highest staffing loss among any cabinet-level agency…

One warehouse chief even suggested that in 1Q19, as many as 70 percent of nonbanks will lose money before the spring homebuying season kicks in.

“With the turmoil at the CFPB, states are feeling that they have to fill the void,” said Daniel Suvor, counsel at O’Melveny & Myers…

Former MBA Chief Dave Stevens on the higher conforming loan limits: “For an industry led mostly by conservatives, this dependence on a socialized financial system is really ironic.”

Arch Chief Economist DeFranco says despite lower sales, it’s still a seller’s market in most cities…

HERA allows exceptions for the maximum conforming loan limits for “high cost areas.”

In 2017, MLO license growth was strong at 8.9 percent annualized, but not this year…

Stakeholders don’t anticipate the FHFA, with a new director nominated by President Trump, to move immediately to reduce the current benchmark loan limit...

The CFPB updated the small entity compliance guides for two mortgage-related rules to reflect the changes in the exemption for loan originators working for manufactured-home retailers.