It’s expected that Blackstone/Finance of America will target borrowers who are self-employed and have a harder time qualifying for conventional mortgages.

Investors take note: The collateral has a current interest rate of 8.15 percent.

To date, Mid America has bought roughly $115 million worth of product with TRID errors...

Wells Fargo was the subject of more mortgage complaints than any other player in the sector. Then again, Wells is both the largest lender and servicer.

Would you lend money to your relatives? One mortgage firm has made it a business model...

One point of contention is the CFPB’s legal status – the fact that it’s a single agency headed by a single person...

Researcher Tom Popik said lenders may be missing opportunities to leverage strong homebuyer contacts acquired through the mortgage preapproval process.

Shelby noted that Congress “has a responsibility to conduct proper oversight” over the FHFA and the GSEs.

The American Bankers Association said it “strongly supports the principle of accountability and balance, and commends the sponsor of this measure for working to improve the accountability of the bureau.”

The new disclosures have forced PHH to withdraw previous earnings guidance where it estimated a slight profit or breakeven for 2016.