Depending on where they work, mortgage loan officers can earn anywhere from 20 to 100 basis points per loan.

Fannie Mae and Freddie Mac introduced the IDR program back in February as the final piece to the representation-and-warranties framework.

In a somewhat uncommon occurrence, four law firms published a position paper late last week aimed at helping industry participants comply with pending risk-retention requirements for new commercial MBS. The paper was written by attorneys at Cadwalader, Wickersham & Taft; Dechert; Orrick, Herrington & Sutcliffe; and Sidley Austin. “The paper was authored...

Fannie Mae and Freddie Mac are seeing some competition for eligible mortgages from portfolio lenders…

Credit Suisse sold two warehouse facility-backed securities this week totaling $800.0 million, according to Moody’s Investors Service. The rating service placed A2 ratings on the Mortgage Repurchase Agreement Financing Trust Series 2016-1 and Series 2016-2 transactions. Much like a warehouse facility security issued by Jefferies in May, Moody’s said the MRAFT securities are structured with two legs of “back to back” repurchase agreements. The first leg consists...

Ocwen services roughly 60,000 loans in Washington state.

Angel Oak, by the way, is licensed to lend in 30 states. It hopes to be in 40 within the next year, said company official John Hsu…

Marianne Lake, Chase’s CFO, said jumbos are the bank’s “first priority” among mortgage originations.

The wholesale-broker market held its ground, maintaining a 10.0 percent share of new originations, Inside Mortgage Finance found.

One real estate agent did not mince words: "TRID is a nuisance and should be done away with immediately if not sooner. Shut the Consumer Financial Protection Bureau.”