This marks the fourth non-agency MBS from Nationstar backed by inactive HECMs...

Schilling cites a 2009 amendment to the DOJ’s FCA policy that expanded the boundaries of where it can be applied. He said now a claim can include a request for money made to a recipient of government funds.

Several groups of traditional insurance companies have substantially increased their borrowing capacity from the FHLB system as well.

Compared to an estimate released at its annual convention in October, the trade group's production forecast is up 12.3 percent.

Baldwin noted that experienced mortgage bankers have grown to expect seasonality, but that doesn’t mean they have to like it…

As banks cede market share to nondepositories, an odd thing is happening: banks and thrifts are hiking their investment in MBS.

Currently, employers are required to pay overtime for all employees who make $23,660 or less annually.

“I personally called their line. I didn’t see much difference, to be honest with you,” said Impac executive Joe Tomkinson.

A handful of firms broker TRID scratch and dent loans, including Rincon Mortgage Trading, Mortgage Delivery Specialists and Spurs Capital.

Non-traditional forms of credit also will be taken into account on the new product