Ackerman is receiving a lucrative retirement package, including $20,000 to cover out-of-pocket expenses in connection with striking the deal…

The flow of broker-originated FHA and VA loans into Ginnie MBS increased by 63.1% during the second quarter, hitting $16.78 billion...

Impac Mortgage Holdings, a publicly traded nonbank, is providing the underlying collateral for the deal...

Ocwen’s Liberty Home Equity Solutions recently launched a non-agency reverse mortgage product. The EquityIQ loan allows borrowers to access up to $4 million in up-front cash...

Jumbo lending soared by 67.2% sequentially while expanded-credit lending increased by a modest 18.8%, Inside Mortgage Finance found…

Comptroller of the Currency Joseph Otting: “CRA mortgage lending should be to LMI people.”

As most mortgage bankers know, recessions are generally good for the industry because rates plunge and originations spike. The tricky part is dealing with borrowers who face employment loss…

In addition, the new rules would establish an allowable range for commercial space between 25% and 60%, which would make it less cumbersome for mixed-use communities to obtain FHA approval. 

In its final rule, the FHFA appears to have relented, finally paving the way for VantageScore to compete directly with FICO.