Five regulators, including the Consumer Financial Protection Bureau, recently clarified that supervisory guidance is not regulation and won’t be the sole basis for enforcement actions. Industry attorneys said the statement would benefit the mortgage industry overall, but lenders still need more guidance to help with tricky compliance issues.

First Alliance issued a statement calling the license idea a “desperate revenue grabbing” practice.

The central bank could lose its kingpin status if commercial banks continue buying…

Jumbo production by correspondent lenders increased by 63.7 percent on a sequential basis…

Three nonbank lenders, all owned by PE firms, are key contributors to the deal…

The agency specifies that a two-year testing period would be the norm.

Steve Skolnik, an industry veteran with a long career in nonprime lending, was recently hired as CEO…

Dealmakers, including Mark Garland of MountainView Financial Solutions, expect a flurry of activity this fall.

On Nov. 1, Fannie Mae will begin accepting applications for its new high loan-to-value ratio refinance product.

Two new members of the consumer panel come from the fintech world: Sameh Elamawy, CEO of Scratch, and Manning Field, CEO of Acorns.