The FHFA said the government-sponsored enterprises’ uniform mortgage documents prohibit PACE financing with lien priority over the mortgage.

Stop the presses! The Johnson-Crapo bill is almost ready! Really! Of course, it's going nowhere in the House.

The new version incorporates lessons learned from the financial crisis of 2008 along with contemporary concerns about mortgage originations and servicing.

Some mortgage attorneys believe pricing disparities of 6 basis points to 25 bps can result in a fair-lending referral.

“While we’re trying to lend fairly in an unfair world, the regulatory and enforcement apparatus have created this environment that we’re in and they will be looking to enforce based upon those rules,” said industry consultant Maurice Jourdain-Earl.

JPM has made it clear: the megabank refuses to chase market share in a world of declining originations.

The VA loan limit for the Honolulu area has been increased to $721,050 from $625,000, thanks to Sen. Brian Schatz, D-HI.

All of the loans in the Credit Suisse MBS are 30-year fixed-rate mortgages, 4.1 percent of which have 10-year interest-only periods.

Adam Levitin, a professor at Georgetown University Law Center, is critical of efforts to align the QRM rule with the QM. “Skin in the game is meant to be a systemic stability regulation, but it has instead been pegged to a consumer protection regulation,” he said.

Add default servicing to the list of things JPM's Jamie Dimon doesn't like about the mortgage industry.