The current policy, issued in 2013, says the bureau will not approve a trial disclosure that weakens consumer understanding of valuable information, even if it improves cost effectiveness.

According to the offering circular, the portfolio is top-heavy with Ginnie product...

Freddie Mac benefited to the tune of $200 million (pre-tax) by reducing the write-down on its net deferred tax asset...

Freddie CEO Don Layton said the CRT deals are “amazingly efficient…”

Wells Fargo once again led the complaint pack…

Fairholme adds: “This is good news when you count the cash that Fannie and Freddie have earned and will earn.”

Rob Zimmer, director of external affairs for the Community Mortgage Lenders of America, is in the camp of those worrying about the ramifications…

Fun fact: Consumers with their names in the email address were 30 percent less likely to default than other customers.

Clayton Services has been hired to conduct due diligence reviews every 90 days on 100 randomly selected loans.

Roughly 40 percent of Newfi Lending’s current loan volume entails the origination of mortgages that do not meet the qualified mortgage test.