Ocwen Financial, whose stock has been clobbered this year, recently increased the base salary of its chief financial by $50,000...

Freddie’s program, which is called “Home Possible Advantage,” requires a minimum credit score of 660 for purchase loans, and 680 for "no cash-out" refis. This is only for manually underwritten loans.

However, NAR found that the willingness to actually originate non-QMs declined significantly across a number of different product types...

According to the offering circular, the package has no delinquencies and a coupon of 3.70 percent.

Industry advisor Joe Garrett said in a client note he knows of a lender that had its pre-approval letter scrutinized by the CFPB.

The provision, expected to raise $30 million for FHA quality assurance efforts, would allow the Department of Housing and Urban Development to charge a fee of no more than 4 basis points.

However, through the first nine months of 2014, jumbo originations haven’t been able to keep up with the strong pace set last year.

All three agencies saw double-digit declines in new production, but Fannie Mae experienced the the biggest decline.

The pending AMC and AVM rules are designed to protect against the manipulation of data and much more.

Mortgage insurers are interested in moving forward with a year-old MBA proposal for a risk-sharing program that would allow deeper MI coverage on loans with high loan-to-value ratios.