A quick check of rates this morning found that firms such as Sebonic and Aurora Financial were offering 30-year fixed-rate loans at 3.75 percent with no points.

The borrower listed his cellphone number on the loan modification documents, but then defaulted.

The lead generation firm argued that the CID’s notification of purpose was too vague and thus failed to comply with legal and regulatory requirements.

MBS Managing Partner Chuck Klein said the company in question owns at least $3 billion in mortgage servicing rights...

The results are based on 354 lenders that submitted production data to the trade group.

Remember the nonprime MBS deal that Angel Oak was working on with Nomura? The transaction may be on again...

HomeReady will become part of DU later this year and replaces the MyCommunityMortgage product, which in some circles was known as Fannie’s “subprime” option.

However, the ground breaking MBS from Lone Star did not receive ratings and was not subject to requirements from the SEC regarding the disclosure of third-party due diligence.

A former FHA commissioner, Stevens said GSE reform should include a new charter for Fannie Mae and Freddie Mac...

Freddie’s multifamily business grew so much that some industry observers worried that the GSE could reach the $30 billion annual multifamily business cap set by the FHFA.