Quicken once again ranked first among all FHA lenders, funding $2.46 billion during 1Q, more than double the volume of its closest competitor, Wells Fargo.

Several hard money lenders are involved in financing flippers, charging interest rates that are several percentage points above the going Fannie Mae/Freddie Mac rate.

A CFPB lending exam can take up to six months to complete and can be quite expensive over time...

It was clear from a panel discussion at the Urban Institute this week that MSRs have grown in importance as a form of collateral...

Industry attorneys noted there has been a resurgence in redlining cases since the mortgage market unraveled in 2007...

“For VA, this is a significant change for the worse,” said Tom Popik, designer of the survey.

Wells Fargo, top VA seller to Ginnie Mae, showed a modest 7.6 percent increase in Ginnie MBS issuances in the first quarter...

Few in the industry believe Quicken will actually bolt the FHA program, noting that similar saber-rattling was done by JPMorgan Chairman and CEO Jamie Dimon last year...

Mortgage servicers will be subject to stronger quarterly reporting requirements, including tougher penalties for non-compliance.

The Department of Veterans Affairs will continue removing barriers to delivering home-loan benefits to veterans and service members in 2015, focusing more on further improvements in appraisal and servicing.