UWM CEO Mat Ishbia noted that his company does not have a say on which applicants ultimately get picked by NAMB, though the lender does have one representative on the review panel.

Wells Fargo could have been subject to a whopping $10 billion fine...

The case started back in 2011 as a “whistleblower” lawsuit filed in New York. Allied, a net branch operator, was based in Houston.

Trends in portfolio management were somewhat mixed among the top 10 holders of first-lien mortgages…

At the ABS East show, Rep. Barr didn’t provide further details about Republican plans for the GSEs…

Rick Roque, who runs Menlo, an M&A advisory firm, said he knows several owners who are contemplating a sale…

Caliber plans to originate at least $1 billion of non-QM residential loans this year…

Congress is not expected to produce workable GSE legislation until next year and even then, other issues – tax reform, another run at fixing “Obamacare,” for example – could kick the can down the road.

When the depositions finally occurred, a CFPB witness used “memory aids” to deliver rote, sometimes unresponsive answers to questions.

In other words, the FHFA will once again order the dividends to be paid to Treasury. Right?