Still, the overall share of ARMs is declining. The loans accounted for 7.5% of first-lien originations in the first nine months compared to 10.8% for full year 2019.

To date, the Irvine, CA-based nonbank has raised $81.5 million through the sale of preferred equity...

VA's moratorium on foreclosures was scheduled to end Dec. 31.

Questions posed by the FHFA include whether the GSEs should use appraisal waivers and how lenders might manipulate automated underwriting systems when seeking an appraisal wavier from the GSEs.

The CFPB noted that lenders didn't provide relevant data that had been requested by the regulator during the comment period.

FHA/VA originations through the correspondent channel increased by 48.5% during the third quarter, bringing the channel's market share to 31.3%.

The number of loans in forbearance increased during mid-December and could decline in early January, according to Black Knight.

The figures come from a variety of lenders that generated $570.6 billion of home loans during the third quarter, roughly half the market.

MBA criticized the secretive nature of the rule change, arguing that by using lender letters, the maneuver short-circuited the normal comment period…

All of the loans in the new security were originated by Spring EQ, a Philadelphia-based lender co-founded by former New Penn CEO Jerry Schiano...