The CFPB proposed standards for qualified mortgages that don’t rely on a loan being eligible for sale to the government-sponsored enterprises.

Under the program, companies can submit specific queries identifying uncertainty in existing rules...

Forbearance tallies keep falling, which is good news for both servicers and consumers...

Alterra Mortgage President Miguel Narvaez: “And what happens is that no one wants to take the risk of doing loans that FHA will not insure.”

SFA's Michael Bright: It looks like jumbo MBS has the highest probability of being included in an expanded TALF...

Others blanched at the price tag and are now pondering whether they should install new loan-level price adjustments, something FHA would not welcome.

The Mortgage Bankers Association has been silent on the issue, until now...

California is expecting a massive budget shortfall because of the pandemic, but remains committed to funding a robust state-level CFPB...

According to Francis Creighton, president and CEO of the Consumer Data Industry Association, the adoption of the CARES Act went smoothly, but it’s too early to tell what impact the pandemic will have on consumer credit...

Among the charges: McCord bounced checks to more than sixty taxing authorities and borrowers missed making their real estate tax payments...