Kristy Fercho of Flagstar said the bank is comfortable with the CFPB’s plans, noting the transition to a new measure for QM status should be “pretty easy to manage.”

To date, Odeon has published 55 comments on the GSEs in the past 12 months…

Sprout funded $2.78 billion of originations in 2019, with an emphasis on non-qualified mortgages.

Flagstar also revealed $4.9 billion of "flow” servicing sales during 4Q19...

Some home lenders cut their rates this morning as fears over the Coronavirus accelerated...

Over the last two years, the average credit score on mortgages in expanded-credit MBS was 726.8.

According to the complaint, Monster purchased more than 7 million credit reports from Experian between December 2015 and May 2017. The reports included consumers’ names, addresses, number of student loans and aggregate student loan balances.

According to market observers, People's United is committed to agency and government-related warehouse finance and was happy to find a home for ResX and its six or so employees.

Many support raising the DTI threshold and incorporating compensating factors, but others recommend full elimination of the current standards.

Fun fact: More VA loans were funded in the 4Q19 than FHA-backed mortgages, a rarity.