Moody’s noted that all of the conforming mortgages that will be included in the MBS pre-date the TILA/RESPA Integrated Disclosure rule.

The bill would expand flood insurance options by including private flood insurance and require the GSEs to accept any private flood insurance company a borrower chooses, as long as the company is financially sound.

Officials at Wells Fargo said that in the first month of offering the non-FHA yourFirstMortgage, applications for more than $1.0 billion in production were received.

Both parties wouldn’t comment on the news regarding Onslow Bay…

Moody’s said third-party due diligence was completed on 30.0 percent of the mortgages…

The GOP convention starts in a few days and the party of Lincoln and Roosevelt (Teddy) has its daggers pointed toward Fannie Mae and Freddie Mac. Bully!

The pending deal from Chase will include 4,122 mortgages, according to a due diligence review by Opus Capital Markets Consultants…

The president and CEO of the Credit Union National Association countered that the current limitations on QMs may disqualify creditworthy members from obtaining a mortgage.

Redwood believes the new QC process creates a much larger sample size and a more efficient loan quality feedback loop ...

Researcher Tom Popik noted that real estate agents rarely mention lenders as a “favorite” source of leads…