The Philly Fed argues that a mortgage "strip-down" could make homeowners better off and not harm lenders.

If you’re looking to buy a foreclosure for a quick “flip,” you might want to act quickly. Inventory is shrinking rapidly...

Warehouse lenders increased the dollar volume of their commitments to an estimated $31 billion in the third quarter, a 3.3 percent sequential improvement, according to survey figures compiled byInside Mortgage Finance. Compared to the same quarter a year ago, commitments fell by 11.4 percent. But a commitment to lend is just that. Many nonbank borrowers rack up commitments, but the real test of the health of warehouse lending is in usage rates. At First Tennessee Bank, for example, its commitments were...[Includes one data chart]

The Treasury Department noted that QRM standards do not include requirements for loan-to-value ratios.

Some 61 percent of mortgage executives believe lenders are overly restrictive with underwriting standards.

As one West Coast-based mortgage executive told IMFnews: “It can be a very tough space. You need lots of capital."

The sharp increase in industry holdings was fueled by a massive acquisition of credit card ABS by TD Bank...

Eventually, PMFS hopes to securitize its originations through PMMIT. Initially, its maximum loan amount will be $10 million,

We’ve heard scattered reports about a new nonbank warehouse provider that is offering extremely cheap financing while asking for large fee payments upfront...

At 7.59 percent, the hedge fund is now the third largest institutional investor in PHH.