Former Goldman Sachs officials sure like the nonprime mortgage space. (It's all about yield.)

Pete Mills, SVP for residential policy at the Mortgage Bankers Association, said there are a few issues not covered by the bureau’s delay. “What about state regulators?" he asked. "Are they going to be bound, are they under that same understanding as the bureau?”

The eight banks tracked by the OCC’s Mortgage Metrics report – including Wells Fargo and JPMorgan Chase – completed 7,571 principal reduction mods in the first quarter...

If a borrower becomes disabled and then involuntary unemployed, homeowners can piggyback one benefit onto the other, according to Arenz.

But don’t count out depositories quite yet: Banks and thrifts still play the biggest role in the top 100, even if it’s shrinking.

Although the big three rating agencies have had a strong hold on rating commercial MBS for most institutional investors, the tides may be changing as bond buyers begin to relax their guidelines. Some of the largest bond buyers have been vocalizing frustration that the big three ratings firms, Moody’s Investors Service, Standard & Poors and Fitch Ratings, are being hired less, resulting in fewer bond offerings to choose from, according to a recent Bloomberg article. That’s good news for smaller ratings agencies like Kroll Bond and Morningstar. “We have proven...

From the beginning of 2014 through the end of 1Q15, roughly 16 percent of the loans securitized by Fannie and Freddie had DTI ratios exceeding 43 percent...

The MBA took particular aim at the proposed enhanced standards for large nonbank servicers, noting that such firms are already subject to extensive regulation from the GSEs and others.

Now that the Supreme Court has ruled, the next question becomes: How much will this cost the industry in added compliance spending?

The sale is expected to close in late August or September and requires the approval of Fannie Mae, Freddie Mac and Ginnie Mae, among others.