Don't put too much stock in the new government figures on mortgage hiring. Some firms are cutting back like Pacific Union Financial.

The draft includes numerous provisions designed to ensure access to the revamped secondary market for credit unions and community banks with less than $10 billion in assets.

In its 10-Q filing for the first quarter, Fannie Mae reported $3.74 billion of “gross unrealized gains” on a host of different securities in its “available for sale” account.

Raj Date's new mortgage firm bills itself as a consumer finance company and is stacked with former high-level employees of the Consumer Financial Protection Bureau.

The National Association of Independent Housing Professionals believes there is an anti-broker bias at the CFPB, citing new QM adjustments.

Nationstar Mortgage has been an active issuer of debt this year. The nonbank continues to scour the market for servicing acquisitions.

Will the nation's megabanks begin shedding mortgage workers if loan applications don't rise soon?

The FHA said it is working to define a “qualified mortgage” standard that meets the QM criteria under the Dodd-Frank Act, which takes higher priced mortgages into account.

As of Wednesday morning, a GSE shareholder petition accessible through the White House website had 874 of the 100,000 signatures required by July 1.

Nonbanks continue to request warehouse lines of credit but because of declining origination volumes, the thirst is easing somewhat.