Not one depository ranks among the top 10 reverse mortgage lenders...

The REIT noted that Nicholas “led the team that built Redwood’s residential loan and capital markets platforms.”

TRID errors and investor fears are playing a key role in secondary market snafus...

Errors in TRID disclosures on jumbo mortgages played a key role in the recent closure of W.J. Bradley Mortgage, but the privately held nonbank may have had other problems as well, according to industry officials who claim to have intimate knowledge of the company’s operations. A thin capital base is one of those problems. An investor in the company and an investment banking official each told...

“Mortgage g-fees should only be used as a buffer against mortgage defaults, not as a piggy-bank for increased government spending,” said NAR chief Salomone.

If stocks tank, look for yet another bond market rally.

SWBC is looking to hire 40-plus technology workers.

Employment and pay prospects are looking up for loan brokers as well.

An estimated $1.21 trillion of newly-originated home loans were pooled in mortgage securities last year.

Republican members of the House and the Senate have introduced legislation that would nullify the Department of Labor’s much-anticipated white-collar overtime exemption rule now under review at the Office of Management and Budget. Introduced jointly by GOP members of the House Committee on Education and the Workforce and the Senate Committee on Health, Education, Labor and Pensions, the bill would stop the DOL’s proposed expansion of mandatory federal overtime pay in its tracks. The bill, Protecting Workplace Advancement and Opportunity Act, would provide...