Earlier this year Cherry Hill agreed to buy Aurora Financial Group and its $700 million servicing portfolio for $4 million. Included in the purchase was Aurora’s agency approvals.

for 2014, Messina's compensation package included a base salary of $930,436, stock awards of $2.3 million and $4.1 million in “non-equity incentive” pay.

A period with protection against liability would allow the CFPB to evaluate any unforeseen issues stemming from TRID.

Tal Frank, president of the company, noted that mortgages made to physicians maintain a near zero delinquency rate, even those without a downpayment.

Quicken is the first major lender in the nation to challenge the government in this regard by filing a lawsuit.

The lender says government investigators have conducted lengthy depositions with numerous Quicken leaders…

The trend reflects the surge in VA home loan originations over the past few years at a time when the FHA has lost market share to private mortgage insurers.

In trading Monday, Genworth’s stock price was down slightly trading at $7.96. Its 52-week low is $6.75, its high $18.74.

LendingHome is testing residential originations of non-qualified mortgages, among other products.

G-fees will stay the same while the adverse market charge will be eliminated and certain loan-level pricing adjustments will increase. The FHFA also released private mortgage insurer eligibility requirements.