Loan Think

The qualified mortgage rule is the talk of the town these days. But let us not forget that the Consumer Financial Protection Bureau has issued several rules.

We're hearing some of the dirty little captive mortgage reinsurance entities lenders created to snare a percentage of premiums were not facades and actually paid claims on defaulted loans.

Preparing for a Consumer Financial Protection Bureau exam means implementing requirements in the CFPB's 800-plus page exam guide. In other words, there is no crash course.

The California Department of Real Estate has issued an internal directive to start broker office surveys, which include unannounced and unscheduled visits to brokers' offices.

We're hearing about Section 184 loans, designed to promote homeownership for American Indian and Alaska Native families.

A single GSE eliminates competition between automated underwriting systems mitigates risk and ensures sound mortgage lending decisions are made—if a recent plan from the FHFA comes to fruition.

With the April 15 tax filing deadline less than two weeks away, Amy Tierce has a couple of things any self-employed person needs to be aware of.

We're hearing it’s time to figure out exactly how originators should get paid for consumer direct lending.

Fewer delinquent loans have slowed the flow of REO, so we're seeing more servicers looking to bring management functions in-house in order to better control costs.

We're hearing the glass in the Florida mortgage investment market is either half empty or half full, depending on where you are and how you look at it.