Lenders and mortgage brokers are at odds over a House bill that would make it easier for loan originators to leave jobs at depository institutions and go to work for nonbank lenders. The Mortgage Bankers Association is pushing for a vote in the House on H.R. 2121, the SAFE Transitional Licensing Act of 2015. The bill was approved by the House Financial Services Committee in March on a 56-0 vote. The unanimous bipartisan support for the bill was fairly rare and suggested strong prospects for the legislation to move forward. However, a vote in the House has yet...

FHA lending via the retail channel by many of the nation’s largest depositories has plummeted in recent years...

The exam outlook is even worse for nonbank mortgage servicers..

When are falling rates a bad thing? Answer: When you own a ton of mortgage servicing rights.

A past study commissioned by FEMA estimated that the areas designated as special flood areas will increase by 45 percent by the end of this century. In coastal areas, such designations would increase by 55 percent.

According to figures compiled by Inside Mortgage Finance, the GSEs have a multifamily market share of 78.3 percent.

SoFi, also known as a “peer-to-peer” lender, said it admires Fannie Mae’s “commitment to technological innovation in mortgages…”

Sometimes when a subservicer – especially a publicly traded one – snags a new client, the company publicizes the event...

What some bank-watchers may not realize: Most depositories do not factor in personnel and other key expenses when calculating mortgage-banking income…

Attorney Richard Horn, who helped write the TRID rule, blamed the CFPB, in part...