The loans backing the bond will be originated by nonbanks Ditech Financial and loanDepot.

In its new annual budget, the White House declares that the FHA mutual mortgage insurance fund is vulnerable to “Black Swans...”

Quicken said it "will evaluate all bids once received and make the decision to partner with one or two providers. Our plan is to reevaluate this process regularly."

Other parts of the nation with the caution light on include Florida and Texas…

TRID has become such a serious problem that some lenders are starting the education process early with new loan officers.

In the fourth quarter, 20.3 percent of refi loans sold to the GSEs were in the low-score category, the highest level for the year.

In November, Judge Sweeney denied Fannie Mae’s motion to quash or invalidate a subpoena issued by the plaintiff’s counsel…

During the subprime boom, HSBC owned Household Finance, a once-top ranked subprime lender and servicer that was later cited for lending and servicing violations.

Ginnie Mae even posted a 5.6 percent increase in refinance loan securitizations...

Colonial National Mortgage was a beta site for the IDR and Allen Maulsby, executive vice president of the bank, said the IDR process is very “legalistic…”