If. Sen. Franken has his way, the MBS rating system will change. Meanwhile, top executives at Impac Mortgage clean up.

As adopted, Appendix Q of the QM rule requires items to be considered and verified for the two prior years, and requires well-documented projections for the following three years.

Roughly 75 percent of bank loan officers cited put-back risk by Fannie Mae and Freddie Mac as an important factor limiting their current ability or willingness to approve home-purchase loans.

A $750 million offering of nonperforming mortgages is expected to go down this week. Meanwhile, NAFCU is mad at FHFA over the QM rule.

With mortgage bankers earning a ton of money the past two years, more firms are considering buying a new loan origination system.

Loan officer compensation to individual originator employees is included in the calculation of the QM’s 3 percent limit on points and fees but the industry believes this is double counting.

Mortgage profits are improving in the second quarter, but how long can it last? Meanwhile, Freddie talks about the CSP.

Industry groups argue that the Mortgage Resolution Partners proposal on eminent domain and MBS raises serious legal and constitutional issues.

The government is warning mortgage lenders to settle their fair lending cases upfront instead of litigating.

Republicans in Congress worry about the CFPB collecting too much data on consumers but are their concerns overblown?