Would you lend money to your relatives? One mortgage firm has made it a business model...

Wells Fargo spokesman Tom Goyda called FHA lending an “important tool” for the bank.

The New Jersey-based Freedom is no ordinary FHA lender. According to Inside FHA/VA Lending it ranked third nationwide in FHA production last year with $4.52 billion.

Over the past year, The Blackstone Group has been aggressively expanding into many facets of the mortgage business and is now ready to make what might be considered a bold move: investing and originating in residential loans that don’t meet the qualified-mortgage test. But just how big might Blackstone get? That’s hard to say at this point. A source inside the company, who spoke under the condition his name not be used, confirmed...

Real estate agents find realty websites more useful in generating homebuyer leads than websites operated by mortgage lenders, according to the results of a new survey conducted by Campbell Surveys and sponsored by Inside Mortgage Finance. “Real estate information available online is causing a fundamental shift in lead sources for homebuyer agents,” said Tom Popik, research director for Campbell Surveys. “Real estate agents prefer online home-buying platforms over mortgage lenders for homebuyer leads.” An agent’s “sphere of influence/personal reputation” remains...

If Jamie Dimon really cares about the pain suffered by his customers, he may want to keep his default management servicing inhouse…

Seehausen stressed that due diligence reviews never became a big part of the company’s product offerings...

Associate Attorney General Stuart Delery: “This resolution holds Goldman Sachs accountable for its serious misconduct..."

The mortgage industry is still demanding “formal” guidance from the CFPB on TRID and will accept nothing less.

Of considerable concern is the shortage of appraisers in specific markets.