Quicken Loans signed a $32.5 million agreement with the federal government to settle FHA underwriting allegations that accused the nation’s largest direct lender with fraud. As part of the deal, the privately held nonbank – the creation of Midwestern businessman Dan Gilbert – did not admit any wrongdoing and will continue to originate and service FHA loans…

The collateral consists of 1,732 seasoned performing HELOCs totaling $277.7 million of outstanding draws. The lines have seasoned for an average of 5.5 years...

According to Craig Knutson of mortgage REIT MFA, yields on non-qualified mortgages are currently around 5% while yields on fix-and-flip loans are around 7%. Which would you choose?

It was the weakest reading on home-equity originations since early 2015, when production of closed-end seconds and new borrowing on home-equity lines of credit totaled an estimated $38.0 billion.

Apparently, the Consumer Financial Protection Bureau is busy pursuing fair lending supervision and enforcement cases. Stay tuned...

Issuers say they receive better execution on GSE-eligible investment-property loans in the non-agency market rather than delivering the collateral directly to Fannie and Freddie...

Looks like Ocwen is pushing the button on a name change and it's not Newco...

Bank of America, the nation’s second largest jumbo producer, only uses the retail channel…

Non-QMs account for 76.3% of the collateral...

Just three weeks remain in the month. By this point in 2018, AIG had issued two jumbo deals.