This official speculated that perhaps Calabria was referring to the companies’ corporate culture before the financial crisis, when the politically connected secondary market giants were widely feared on Capitol Hill.

Tom Piercy of IMA: “Any type of additional regulatory discussion is problematic as it typically starts with the best of intentions and ends up with the worst of consequences.”

Another mortgage employment area badly in need of bodies is operations staff...

The rigid confines of the CFPB's LO comp rule continues to draw complaints from lending shops and their representatives in Washington...

In other words, all that chatter about an end to paper document is overblown.

In addition to prohibiting bulk sales of foreclosed properties, individuals and other entities will have a 45 day window after a foreclosure auction to beat the highest bid.

According to Black Knight, as of Sept. 22, 3.6 million mortgagors were in some type of relief program.

Rep. Andy Barr of Kentucky: “Important sectors of our economy, including hospitality, conventions, entertainment, retail and commercial real estate, remain in stress."

Although the forbearance program was extended by the FHFA, it still looks expensive to lenders at 500 to 700 basis points...