"Now having been in the mortgage industry for over 30 years, HUD’s mortgagee letter is perhaps one of the most egregious and ill-advised actions that I have seen taken by a government agency in many years," said Anne Canfield, a partner at Michael Best Strategies.

Mortgage lenders and loan originators can increase production by using proximity marketing through cell phone beacon technology, according to industry participants. 

The 2017 Tax Cuts and Jobs Act appears to have contributed to a slowing housing market last year, industry analysts say. However, tax reform could help boost the housing market going forward.

The Chapter 11 bankruptcy filing also reveals that Fannie Mae is a large subservicing client of Ditech’s, though not its largest. That distinction belongs to New Residential Mortgage, the REIT…

360 Mortgage is focusing on non-owner-occupied investment properties, which aren't subject to ability-to-repay requirements...

Some 98 lenders contributed mortgages to the $369.73 million nonprime MBS, though only one was identified by rating services.

Industry analysts expect the mini-boom in non-QM and EC MBS to continue...