The Structured Finance Industry Group issued the first of its proposed standards for non-agency mortgage-backed securities.

Officials at Nationstar Mortgage suggest that regulatory issues won't prevent the nonbank servicer from growing.

RPM Mortgage is offering non-QMs for self-employed borrowers and recent retirees.

Wells Fargo lowered the credit score it allows on jumbos the bank acquires from other lenders.

The New York Department of Financial Services’ exam of Ocwen Financial has expanded into a force-placed insurance deal with Altisource Portfolio Solutions.

Shortly before Congress left town for its annual summertime break, Sen. Mary Landrieu, D-LA, introduced S. 2641, legislation to amend the Truth in Lending Act to provide that residential mortgage loans held in portfolio would be deemed qualified mortgages for purposes of satisfying the requirements of the Consumer Financial Protection Bureau’s ability-to-repay rule.

Mortgage origination fees and third-party fees increased in the past year, according to a new survey by Bankrate.

Essex Bank launched a wholesale group while Live Well Financial plans to hire more than 300 loan officers.

First Republic Bank and JPMorgan Chase were the top two contributors to the scant four jumbo MBS deals that hit the market during the second quarter.

The changes sought by the MBA would also allow mortgage loan officers at banks to more easily transition to working for nonbanks.