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Experts Advise on How Best to Deal With Shifting Fair Lending Issues

June 30, 2015
Thomas Ressler
Many in the industry wonder why it appears that access to credit remains so tight, seven years after the last financial crisis.
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Jumbo Underwriting Standards: Yes, There’s Variety

June 30, 2015
Brandon Ivey
The rating service reviewed 70 aspects of underwriting, including minimum credit scores, loan limits, tax return standards and appraisal requirements.
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Fitch Ranked First in ABS Ratings During Early 2015

June 30, 2015
John Bancroft
Fitch raised its ABS rating share from 55.0 percent for all of 2014 to about the same level it had back in 2013.
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RoundPoint Buyer Walks, Firm Still Open to Offers

June 29, 2015
Paul Muolo
According to figures compiled by Inside Mortgage Finance, at March 31, RoundPoint serviced $46.88 billion in home mortgages.
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Due to Recent Data Breach, IRS Denies Some Lenders’ Request for Tax Transcripts

June 29, 2015
George Brooks
According to the RHS, the Internal Revenue Service action is meant to deter any fraud that might result from identity theft.
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Bank Holdings of Non-Agency MBS Dwindle

June 29, 2015
Brandon Ivey
Bank holdings of non-agency MBS declined by 16.1 percent compared with the first quarter of 2014...
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Regulators in Washington State Accuse Quicken on False VA Loan Ads

June 29, 2015
George Brooks
Since then, Quicken has conducted a thorough review and has “proactively taken steps to ensure all [VA] mailings reflect our brand and quality standards,” Emerson said.
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After Hedge Fund Accumulates Large Stake, Walter Enacts ‘Poison Pill’ Language

June 29, 2015
Paul Muolo
In total, the Baker Street hedge fund now controls 8.4 million shares of Walter Investment Management, the parent company of Green Tree Servicing.
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Another Call Center Operation Sold: Prospect Mortgage Buys Certain Assets of CapWest

June 29, 2015
Paul Muolo
According to figures compiled by Inside Mortgage Finance, the privately held Prospect ranks 34th among all residential lenders.
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On the Rise: Securitization of VA Jumbo Mortgages

June 29, 2015
George Brooks
VA jumbo originations outpaced FHA jumbo production, which totaled $2.8 billion in the first quarter, up 17.0 percent from the prior quarter.
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