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The Consumer Financial Protection Bureau's new integrated disclosure regulations could pose problems for warehouse line providers along with their mortgage lender clients.
July 23 -
Bankers were pleased with the dramatic leap in home lending last quarter, but they cautioned that volume will slow in the second half as rate increases curb refinancings, nonbanks provide stiffer competition, servicing costs remain high and underwriting standards change.
July 22 -
Angel Oak Home Loans in Atlanta has opened multiple branches across the state of Florida as part of its nationwide expansion.
July 20 -
United Wholesale Mortgage has begun offering interest-only mortgages through its third party origination channels.
July 20 -
So-called shadow lenders have been making an increasing number of leveraged loans to midsize businesses. Now their involvement is growing in commercial real estate, a market that scorched traditional lenders when it blew up after the 2008 financial crisis.
July 17 -
Struggling to win business in the age of QM, Impac Mortgage has relaxed underwriting requirements in hopes of attracting borrowers many other lenders won't touch.
July 13 -
Eastern Union Funding has lowered its fee cap $135,000 on loans for stabilized properties.
July 9 -
A new crop of P-to-P loan platforms is focusing on commercial real estate loans that get ignored by banks.
July 9 -
The latest estimates of nonbank mortgage lender employment mark the largest number of workers since November 2013, and the biggest monthly hiring gain in six months.
July 2 -
Walker & Dunlop, through the Department of Housing and Urban Development's Lean 232 program, closed the first Rental Assistance Demonstration program loan for a health care facility.
July 1 -
Jeff McGuiness has exited the CEO position at Lenders One to become the chief sales officer for Embrace Home Loans.
June 25 -
Two groups representing small and mid-size lenders say new proposed state mortgage servicing standards for nonbanks will add an unnecessary layer of regulatory burden, especially for firms servicing Fannie Mae and Freddie Mac loans.
June 24 -
Ocwen Financial Corp. has priced $225 million of asset-backed notes being offered as part of a debt refinancing.
June 24 -
Some argue that nonbank mortgage lenders' rising market share poses a risk to the financial system. But this belief arises from an inaccurate understanding of what is in fact a well-regulated sector.
June 24
Community Home Lenders of America -
Nonbank lender HomeBridge Financial Services has lifted the curtain on a new mortgage platform aimed at community banks and credit unions.
June 23 -
Discover Financial Services will exit the residential mortgage-origination business that it acquired in 2012.
June 16 -
Casey Crawford went from playing on a team that won the Super Bowl to running a mortgage company that he expects to originate almost $8 billion in U.S. home loans this year.
June 16 -
RealtyMogul.com said it reached agreements for a total of $250 million in capital, which it will use to offer new products.
June 15 -
A new Department of Housing and Urban Development policy will make it easier for servicers to transfer certain reverse mortgages back to HUD instead of foreclosing on widowed nonborrower spouses.
June 12 -
Redwood Trust's latest residential mortgage securitization, Sequoia Mortgage Trust 2015-3, is backed by a slightly larger percentage of loans that fall outside of new ability-to-repay rules.
June 11













