Origination

The Department of Veterans Affairs guaranteed 629,300 single-family loans in FY 2013, while the Federal Housing Administration experienced a decline in purchase mortgage loans.

The combination of rapidly rising home prices along with strong demand from institutional investors and other cash buyers means short sales are becoming less favorable for lenders.

New approach provides better assurances that insurers will pay claims on seasoned loans.

Contrary to historic trends, third-party mortgage loans originated after the crisis years are performing almost as well as retail originated loans.

Diane Cobb and Paul Davis were both indicted on 15 counts of conspiracy, mail fraud, and wire fraud in connection to a $2.4 million scam.

Lenders' choices today are stark: Make Qualified Mortgage loans and risk being sued under the disparate-impact doctrine; make non-QM loans and risk being sued under the ability-to-pay-doctrine; or sell their loans to Fannie Mae and Freddie Mac.

Federal Reserve data show the rate of decline in mortgage debt outstanding has slowed in recent quarters, while housing market trends suggest it could start growing again in the near future.

Default management is a continuous, cumbersome process with multiple touch points and outcomes, therefore more susceptible to risk.

Annual monetary returns to customers that totaled $130 million last year would be wiped out if the qualified mortgage rule's 3% cap remains as proposed.

The bank is resolving to pay millions in cash in addition to giving claim credits and other payments on certain vintage mortgage loans.