The nonprime mortgages were sourced through Lone Star affiliate Caliber Home Loans and other lenders…

Lower rates could translate into more refinancings, but could cause hedging problems for Fannie Mae and Freddie Mac…

The company hired industry veteran Joseph Boiano to oversee the new division…

Groups signing the Patenaude letter include the Center for Responsible Lending, Community Mortgage Lenders of America, NAACP, NAR and many others…

Before the financial crisis, about 10 percent of home sales were all-cash transactions…

Wells Fargo’s CMO business was down 36.7 percent from the first half of 2016…

Reinsurers coming late to the feast might find slimmer pickings as pricing continues to tighten in the sector…

Brian Benjamin, who runs Two River Mortgage & Investment in Red Bank, NJ, noted that if brokerage shops are laying off, “it’s support staff.”

CFPB's Cordray clerked for both Robert Bork and Anthony Kennedy...

Several mortgagee letters issued this week may have lifted the Department of Housing and Urban Development out of the doldrums, though that can quickly change if key staff positions remain vacant for a longer period, according to industry observers. Observers say problems might arise, as two key staff positions that are crucial to the implementation and enforcement of any HUD rule remain vacant. The Trump administration’s proposed deep cuts to HUD’s FY 2018 spending bill and Republican opposition to HUD’s Affirmatively Furthering Fair Housing Rule reportedly have put a crimp on the nominations for the department’s top staff positions, observers said. Confirmations of Pamela Pantenaude as HUD deputy secretary and J. Paul Compton as HUD general counsel appear stalled on the Senate floor. The Senate Committee on Banking, Housing and Urban Affairs approved ...