Hope Now said 75,969 foreclosure sales were completed in the third quarter of 2015, a 15.0 percent sequential decline and down 30.8 percent compared to 3Q14

HomeUnion Lending is licensed to operate in Alabama, Florida, Indiana, Iowa, and Oklahoma, but plans on expanding its reach to 16 more states by the end of March 2016.

In percentage terms, the sharpest downturn was in home-equity ABS, although this sector represented just 1.6 percent of bank ABS investment and there has been no new production in years.

Monique Rollins, deputy assistant secretary for the Treasury Department’s Office of Capital Markets, said the Treasury supports industry-driven efforts.

At one point should a mortgage originator hire a full-time attorney to oversee compliance?

Quicken Loans once again led the pack in FHA production, funding $3.77 billion in 3Q15, giving the nonbank a market share of 5.14 percent.

Dallas also sized the comfort level on personal loans, saying the loan amounts would probably be in the range of $10,000 to $35,000.

According to Black Knight’s home price index (HPI), the average home value is now $253,000, which is still lower than the June 2006 peak of $268,000.

The HUD IG said it has investigated a number of HECM lenders suspected of using inflated appraisals in refinance transactions.

High-cost loan limits for Fannie Mae and Freddie Mac will increase in 39 counties next year, up to a maximum of $625,500.