“We are extremely concerned that, one year after the CFPB’s mortgage servicing rules went into effect, we are still finding runarounds and illegal dual-tracking,” said agency Director Richard Cordray.

J.P. Wieske, legislative liaison and public information officers for the WIC, confirmed that the state has made an information request, but would not address content.

“With the Fannie [Mae] discount gone, I’m not sure it’s worth staying a member,” said this executive, regarding the Lenders One cooperative...

Flagstar is losing its chief legal officer...

Meanwhile, the FHA share of the application market fell slightly to 13.9 percent...

And these very same aggregators have made demands of the retail funders they bought the loans from in the first place

The CRC believes the pool of aspiring homeowners does not have affordable financing options comparable to the liquidity provided to investors that are buying up homes en masse...

Early this month, when Freddie Mac made it automated systems free, Fannie said it would not follow in Freddie’s footsteps...

Dan Goldman, vice president of sales, has been selected as the interim leader of Lenders One.

Apparently, the Blackstone Group recently closed on yet another mortgage company purchase...