Paul Muolo

The Consumer Financial Protection Bureau said it would offer limited time exemptions from current federal disclosure laws in order for those companies to research and test informative, cost-effective disclosures.

The ghost of Angelo Mozilo (who is still alive) continues to hang over mortgage banking.

Loan production expenses, which include commissions and compensation, increased to $5,163 in 3Q from $5,128 in the second quarter.

The privately held Provident Funding Associates also ranks ninth among all residential originators and is poised to become the largest wholesaler once Wells Fargo exits the space.

The Consumer Financial Protection Bureau says the nation’s big three credit reporting firms—Equifax, Experian and TransUnion—each have more than 200 million files on consumers.

Credit reporting agencies obtain at least half their information on consumers from credit card companies, according to the Consumer Financial Protection Bureau.

Who needs a lead generation firm when you have hundreds of thousands of customers in-house already?

The secret is out: jumbo lending is hot.

Although Bank of America exited the correspondent channel earlier this year, its Merrill Lynch affiliate is aggressively bidding on jumbo loans in the secondary market.

FHA chief Carol Galante wants to have the Federal Housing Administration shrink its market share.

Several megabanks—including Wells Fargo and Bank of America—have exited the reverse market over the past 18 months, leaving the business to an array of nonbanks and medium-size lenders.

The White House has been unhappy, to some degree, with Edward DeMarco because of his refusal to allow the GSEs to write down the principal on underwater loans as a restructuring tool.

Tim Duncan, who was a key player in helping Elizabeth Warren form the Consumer Financial Protection Bureau, is launching a new mortgage company.

PennyMac is experiencing explosive growth in the correspondent channel.

The correspondent channel accounted for 49% of Wells Fargo’s residential production in the third quarter.

Allonhill workers who lost their jobs were working on transactional due diligence accounts.

What if home prices keep rising and residential loan underwriting standards don't ease?

Rumors abound of new jumbo conduits, and there seems to be a little more fire to the smoke than earlier in the year.

Is the Federal Reserve gobbling up so much mortgage-backed securities in the secondary market that it’s creating a shortage?

It would appear that FHA's days of being known as 'the government's subprime lender' are just about over.