The mortgage industry has had a busy year in 2014, from celebrities committing fraud, big-named lenders paying major fines, to the bevy of regulation changes, here are the stories that received the most clicks on MPAMag.com.
Five-star Lender Impac Mortgage is currently in negotiations to acquire the mortgage origination business of a leading mortgage originator, according to a recent SEC filing.
However, the QM rule is continuing to dog lenders, overlays, documentation and DTI were the largest headwinds to the market, according to a survey conducted by NAR.
The FDIC has released a set of instructional videos that aim to help mortgage professionals understand how to comply with these rules.
The organizations say the amendment could harm competition and are urging changes to it.
It may have been a while coming, but the regulator has finally spelled out a number of changes to its rules, including QM loan requirements.