Back in September, Freedom’s financials looked strong. The lender/servicer is privately held...

We’re still waiting to hear word on pending legislation to provide economic relief to consumers and businesses affected by the pandemic. Included in the bill is a funding mechanism for nonbank servicers.

Roughly $220.8 billion of VA loans were delivered into Ginnie mortgage-backed securities last year...

Two of the top originators of non-QMs suspended lending operations on Monday, citing complications from the coronavirus.

Meanwhile, mortgage wholesalers are starting to reassess their rate-lock policies for shelter-in-force states...

In a time of crisis should Fannie and Freddie be allowed to hold more MBS? Hike the GSE loan limit too?

The maneuvers have raised questions about the CFPB’s ongoing rulemaking, supervision and enforcement activities…

Homebridge Financial’s wholesale division and theLender both announced suspensions to their non-QM lending operations. Others will follow, rest assured...

Consultant Paul Hindman, who heads Grid Financial, said he knows of one lender who recently sent 1,000 workers home “with new equipment.” He did not identify the shop by name.

Freedom Mortgage said it has mobilized its work-from-home protocols and “dramatically reduced our work-from-office personnel.”