Borrowers are required to have a credit score of at least 700 and at least three months of reserves...

No mortgage-related misconduct was alleged in the bureau’s latest action, but servicers shouldn’t take much comfort from the omission...

California also has the distinction of having one of the higher broker-GSE ratios in the nation: 21.5 percent.

It’s not every day that a Federal Home Loan Bank tells one of its members to reduce its credit facilities...

In 2015, the two GSEs sold credit risk on about $407 billion of UPB through their back-end risk-transfer programs. The actual amount of credit risk transferred was $12.6 billion.

Mat Ishbia of UWM said the money his company spent getting ready for TRID is an expense "for the long haul..."

In a recent report, Freddie Mac economists said subservicing likely will “persist and perhaps grow.”

New data fields will be added to support Fannie’s and Freddie’s requirements, as well as those required by the FHA, VA, USDA and CFPB...

Banks had an average of nearly 500 loans per full-time employee in the third quarter, up from almost 400 at the end of 2014.

The new offering is in the $1 billion range. MorVest hopes to complete the sale by the end of January.