Last week, the Consumer Financial Protection Bureau threw a substantial bone to mortgage lenders and servicers, issuing a formal request for information on the civil investigative demands it has used extensively, and controversially, under the leadership of its former director, Richard Cordray.

The mortgage servicing rules promulgated by the Consumer Financial Protection Bureau continue to be a source of headaches for many in the industry, particularly in the context of bankruptcy proceedings. Late last week, the Consumer Mortgage Coalition wrote CFPB Acting Director Mick Mulvaney, detailing three of its primary concerns in this regard.

The en banc panel of the U.S. Court of Appeals for the District of Columbia Circuit ruled Wednesday in favor of PHH Mortgage in its long-running legal dispute with the Consumer Financial Protection Bureau over issues tied to the Real Estate Settlement Procedures Act.

The FHFA would be tasked with maximizing profits on any asset sales by Fannie and Freddie, according to the Corker bill…

However, at the markup, the bill was amended to limit the types of mortgages that will receive QM status.

Due to the string of natural disasters, FHA anticipates an increase in EPDs…

Over the past two years, PHH has sold off large chunks of its MSR portfolio, while remaining as the subservicer of record…

The ruling is a huge win for the mortgage industry, said former CFPB attorney Benjamin Olson, now a partner at the Buckley Sandler law firm…

DOJ notes that “over the last several years” there has been a record increase in qui tam (whistleblower) actions filed under the False Claims Act...

Flagstar contributed $1.02 billion to jumbo MBS last year, or 9.4 percent of the total market…