In late 2015, Quicken executive Bill Emerson complained how DOJ sued based on a paltry sample of the lender’s government-backed loans. “They cherry-picked just 55 loans [for its case],” he said…

More data = more scrutiny?

Mat Ishbia, CEO of UWM, noted: “We finished the first quarter with [loan production] of about $17.56 billion, more than double what we did in 1Q1 2018…”

All of the mortgages were originated by Chase, predominantly through the correspondent channel...

Retail-originated loans accounted for 47.0% of first-quarter agency business, the lowest share since loan-level MBS data became available in 2013…

Two nonbanks that have been steady earners reported significant losses during the fourth quarter…

The defendants include Bank of America, Credit Suisse, Goldman Sachs and many other dealers…

The mortgages boast an average credit score of 736...

In Ohio, a passive investor must obtain what’s called a residential mortgage lending certificate of approval.

And that means: two more years of hyper-partisan bickering on both sides and legislation only getting passed if there’s a bi-partisan consensus or a national emergency...