At mid year 2015, PennyMac was the nation’s 12th largest servicer, according to a ranking from Inside Mortgage Finance.

The CFPB’s QM standards currently don’t differ for loans held in portfolio or sold to other outlets.

Jumbo originations have increased sharply since 2008 but only about 5 percent of the loans have been included in jumbo MBS, which means the product is residing in bank portfolios...

The judge presiding over the case ruled that securities law regulates "disclosure of information, not the mismanagement of a company...”

Collingwood's latest hire is Paul Mullins, former senior vice president of single-family lending for Freddie Mac.

Alt A mortgages accounted for 31.3 percent of the credit losses the GSE took through two quarters in 2015.

NYCB Mortgage and George Mason Mortgage are once again top contributors to the REIT's jumbo deals...

The CHLA noted that almost 99 percent of depositories are exempt from exams conducted by the Consumer Financial Protection Bureau.

M&T sought a dismissal of the lawsuit in April, claiming that its loan officers were acting based on legitimate, non-discriminatory reasons.

The rating service predicted that in the coming months, more lenders will be willing to offer non-QMs that allow for debt-to-income ratios above 50 percent and credit scores as low as 620.