The presale report notes income on 47.5% of the loans was verified using “alternative methods,” which means personal or business bank statements.

Although MBS issuance was strong in the second quarter, ABS deals were less robust...

To date, much of the revival in the new “subprime” mortgage market (non-QM) has been driven exclusively by nonbanks, but that’s beginning to change...

MBA worries that if the GSE patch expires without any corresponding reforms to "preserve access to credit," the residential mortgage market will be disrupted...

How much do mortgage CEOs at private firms earn each year? We’ve been asking around of late and the answers we received offer a wide range... 

To ensure lenders are not adversely impacted by the outage, FHA will make adjustments to response due dates.

Harvard's Don Layton on creating more competition for Fannie and Freddie: “I have not encountered any knowledgeable people who think it could happen quickly."

Which top-10 home lender had the largest sequential gain in 2Q19? Quicken? UWM? Guess again. It was Freedom Mortgage with 81.9%.

Altisource is headed by William Shepro, who was paid $6.1 million last year. Over the past three years, the CEO took home $15.2 million in total compensation, which includes salary, bonuses, stock and options.

Across the board, lenders are reporting stellar origination growth from the first to second quarters of the year, but the last two application surveys from the Mortgage Bankers Association showed weekly declines of 1.9% and 1.1%, respectively…