Some 66.5 percent of the loans to be included in the MBS are purchase mortgages. The mortgages have seasoned for four months, on average and none were delinquent at the time the deal was priced.

It should be noted that Google became a licensed mortgage broker in the Golden State...

This lender said finding good appraisers can sometimes be a challenge and predicted that eventually appraisals on such mortgages could cost upwards of $1,000…

Moody's said the results suggest that some lenders are having difficulty complying with the new TRID rules, a credit negative...

Black Knight Financial also said that despite the reintroduction of Fannie’s and Freddie’s 97 LTV product, the FHA/VA continues to dominate low downpayment lending.

An estimated $117.1 billion of mortgages exceeding the baseline conforming loan limit of $417,000 were originated during the third quarter.

HUD actually offers an appeal process where lenders can ask for a loan limit increase for their county...

“Turn times are slower and processing times are longer,” said David Frase of Southwest Bank.

Slip, sliding away: commercial banks and loans-serviced-for others...

Two investment banking firms – Interactive Mortgage Advisors and MountainView Servicing Group – have at least $17 billion (combined) in mortgage servicing rights auctions in the works, a sign that the sector is heating up as the year draws to a close. Several other advisory firms have announced deals in the past few weeks, including The Prestwick Group and Mortgage Industry Advisory Corp. Also, sources contend that investment banker Houlihan Lokey is busy as well, though company officials there declined to comment for this story. Mark Garland, president of MountainView, said...