Failures raise questions about the viability of a small but growing corner of the mortgage business that largely serves self-employed borrowers
Investment management firm acquired nonbank mortgage lender First Guaranty Mortgage as part of broader strategy to serve lower end of market
Non-QM lender fires three-quarters of its workforce, saying it's experienced 'significant operating losses and cash flow challenges' and has been unable to obtain funding
Fannie and Freddie will use new price-based qualified mortgage rule for loans with settlement dates after Aug. 31
After 6 months of easing, credit availability tightened by 8.5% in June
Bureau pushes back mandatory compliance date despite industry concerns
Mortgage Bankers Association says lenders have been gearing up for changes, and new standards will actually increase access to credit
The Consumer Finance Protection Bureau signaled an interest in ending a temporary exemption that allows government-backed loans to exceed 43 percent debt-to-income ratio
A new administration in Washington, growing demand from young families and lenders committed to the non-QM market are creating a new lending environment
Celebrating 'little wins' can have tremendous influence on one's success
CoreLogic: Return of private capital hinges on confidence in lending process
Real estate industry warns of credit crunch if thousands of homebuyers are moved into 'jumbo' territory
Critics: Focusing on outcomes, rather than intent, flies in the face of sound underwriting practices
Percentage of Realtors reporting problems with appraisals also declines
New regulations may prevent another bubble, but deprive consumers of options