Based on insider information about a then-undisclosed data breach at Equifax, Lawrence Palmer and Jerrold Palmer through accomplices had shorted shares of the company.

Residential finance can be cyclical, but what inning is the correction in? Investors are willing to buy mortgage company debt...but at a price.

Despite the price cut by Home Point, a spokesman said, “This isn’t a play at creating more of a price war in the industry.”

Among the top 10 jumbo servicers, the largest growth was recorded at Flagstar Bank and NewRez/Shellpoint.

The publicly traded nonbank posted net income of $10.8 million in 2Q22...

VA activity was hit the hardest, with lending volume off 14.7% sequentially in 2Q22...

Better, which remains privately held, has yet to release its 2Q22 results.

The CEO discouraged observers from comparing AAM’s operations to those of traditional non-agency aggregators...

The new benchmarks are based on the percentage of affordable units, rather than the absolute number...

The top three jumbo lenders in 2Q22: Wells Fargo, JPMorgan Chase and Bank of America...