RPM Mortgage is offering non-QMs for self-employed borrowers and recent retirees.

The New York Fed launched a pilot program for smaller broker-dealers of agency mortgage-backed securities.

Wells Fargo lowered the credit score it allows on jumbos the bank acquires from other lenders.

The New York Department of Financial Services’ exam of Ocwen Financial has expanded into a force-placed insurance deal with Altisource Portfolio Solutions.

Mortgage-bond trustees – including Bank of New York Mellon and U.S. Bank – have agreed to accept JPMorgan Chase’s $4.5 billion settlement offer on behalf of a majority of aggrieved trusts.

JPMorgan Chase and Wells Fargo have both paid major settlements regarding FHA lending, and both have curtailed their participation in the program, according to a new analysis of Ginnie Mae data by Inside FHA Lending.

The American Bankers Association told the Consumer Financial Protection Bureau that its members are working hard to refine their implementation of the bureau’s new mortgage servicing rules, but have bumped into a handful of questions and concerns they’d like the agency to address via regulatory guidance or amendment.

Shortly before Congress left town for its annual summertime break, Sen. Mary Landrieu, D-LA, introduced S. 2641, legislation to amend the Truth in Lending Act to provide that residential mortgage loans held in portfolio would be deemed qualified mortgages for purposes of satisfying the requirements of the Consumer Financial Protection Bureau’s ability-to-repay rule.

Mortgage origination fees and third-party fees increased in the past year, according to a new survey by Bankrate.

Freddie Mac sold a $659 million package of “deeply” delinquent loans from its investment portfolio – a first for the government-sponsored enterprise.