Underwriting overlays established by lenders also will limit some potential borrowers from purchasing homes in the coming years.

Mortgage servicers will be subject to stronger quarterly reporting requirements, including tougher penalties for non-compliance.

Company CEO Mat Ishbia also believes that the loan broker channel is beginning to gain market share, a sentiment borne out by others in the industry.

Could another former subprime mortgage executive be reentering the game?

The bid deadline is May 12 and according to Prestwick, the seller wants to “start deliveries as soon as possible.”

Funds managed by Blackstone Tactical Opportunities issued the first multi-borrower single family rental security this week and the market appears to be set to grow throughout the year, according to industry analysts. The $229.53 million B2R Mortgage Trust 2015-1 was issued this week with AAA ratings from Fitch Ratings. “We think...

On the issue of mini-correspondent lending, a group of secondary market investors has offered alternative criteria it recommends the CFPB use...

For the most part, jumbo MBS issuance has been weak (though improving), but the ABS market has been on fire...

Former FHA chief David Stevens said use of the False Claims Act as a “legal sledgehammer will now be tested by one of the highest quality FHA lenders in the nation.”

Impac originated $2.85 billion of loans in 1Q15, a figure that includes production from CashCall.