Potential borrowers have misperceptions about requirements for credit scores, downpayments and income, according to results from a survey by Wells Fargo and Ipsos Public Affairs.

Originations of VA mortgages in the first quarter of 2015 increased by 5.8 percent compared with the previous quarter and were up 86.0 percent from the first quarter of 2014.

But the combined Truth in Lending Act and Real Estate Settlement Procedures Act disclosures may not be as bad as many seem to fear.

“The short-term outlook remains dismal,” said Quincy Tang, a managing director and head of U.S. residential MBS at DBRS.

The changes allow eligible non-borrowing spouses with older Home-Equity Conversion Mortgages the potential to remain in their home following the death of the last surviving HECM borrower.

The VA maintained a sizeable lead in first-lien mortgage refinancing over FHA and private mortgage insurers in the first quarter of 2015 but yielded to both in purchase originations.

The slowdown in securitization is partly due to the lag between origination and MBS issuance, but there are other factors not related to timing...

Some 90 lenders contributed mortgages to the Redwood MBS, led by First Republic Bank with an 11.7 percent share.

Lenders provided a few constructive suggestions while voicing frustration regarding state regulators’ data collection efforts.

Following a four-month trial and nine days of deliberations, a New York jury acquitted Abacus and two of its senior officers...