The new CFPB report covers findings from examinations completed between December 2018 and March 2019. 

Rising real estate values translate into more home equity for consumers, but that doesn’t mean they will tap it…

If the QM "patch" disappears as scheduled in early 2021, some lenders might see originations plummet. At least, that's the fear...

Industry vet Bill Dallas of Finance of America: “The next two quarters will be pivotal for mortgage bankers.”

When it comes to MBS guarantees, it would be a pay-as-you-go system...

Investors are flocking to non-QM MBS and losses on the deals have been essentially non-existent. However, some large firms continue to hold out for better protections.

Industry consultant Joe Garrett wonders about LO pay on "easy" loans...

Among the commenters: The National Association of Realtors, which suggested using the DTI ratio as a compensating factor.

The publicly traded Impac is based in Irvine, CA. Its share price is currently at $7.34, more than double what it was in June. Donatacci will split his time between California and New York.

Some are calling for the GSEs’ automated underwriting systems to be used after the QM patch expires to determine whether a mortgage is a QM.