Under previous Director Kathy Kraninger, the CFPB claimed the impact from these changes would be minimal. According to the bureau, the vast majority of loans that received QM status due to the patch would also meet the new standards.

Although the smart money is on a late May or early June decision in the GSE case, some observers believe the court could rule earlier than that —  in fact, the decision may be imminent.

American International Group (once the property of the U.S. government) is preparing to issue a $426.4 million jumbo MBS...

In 2017, the Inspector General found 57 instances, over a five-year period, of violations of the COI policy in place at the time. The wrongdoers: senior executive officers...

FHFA says it always expected the fee to still be in place in December...

“Here’s what it means to you,” said the CEO. “You’re going to start seeing that second homes and investment homes might have loan-level price adjustments"...