Broker-originated purchase mortgages pushed the envelope a little further, with an average credit score of 719.1 and an average DTI of 37.7.

From 2005 to 2007 homeowners converted an estimated $823 billion of home equity into swimming pools, cars, hospital bills and other uses. Of course, those days are long gone.

With rates low on current production, prices are strong for “flow” transactions.

Roughly 18 current members of the FHLBanks are affected by the proposed ban, seven of which are mortgage real estate investment trusts.

The due diligence findings must be published within five days after a deal prices.

The Fair Housing Justice Center accused M&T Bank of violating the Fair Housing Act by offering higher loan amounts to white borrowers and allowing more flexible criteria...

Interest in the structured-finance market remains strong, but issuers continue to struggle with regulations and sometimes limited demand for their offerings. Just over 6,000 people registered for the ABS Vegas conference this week sponsored by the Structured Finance Industry Group and Information Management Network, up from more than 5,300 registrants in 2014. Jade Friedensohn, a senior vice president at IMN, said the conference set an attendance record for the structured-finance industry. A poll of attendees by the conference organizers suggested...

DBRS, which reports its ratings on re-securitizations, actually was involved in more transactions than S&P and ranked second in dollar volume with $6.47 billion.

The regulator sued All Financial Services, a Maryland-based mortgage broker that plies its trade in the reverse mortgage market.

From what we understand, HLSS told Mangrove to take a hike…