Industry attorneys believe the CFPB will appeal a Fifth Circuit opinion finding its funding structure unconstitutional. They expect the fight to end in some form of legislative arrangement.

The MSR mark came to $124 million in the third quarter...

While large lenders have developed their own mortgage tech systems, smaller shops are more reliant on third-parties...

Almost all sectors saw significant declines as rising interest rates and economic took their toll...

The researcher believes the uptick in financial fragility among nonbanks since 2019 has been driven by large nonbanks...

Apparently, most policymakers don't realize the dominance of nonbanks in today's origination market...

The biggest change in the FHA portfolio was in the 30-days past due category...

Even if the scores provide a similar measure of credit risk at one point in time, that equivalency could deteriorate...

Specifics were light regarding the changes for cash-out refis...

The Fifth Circuit Court of Appeals, in ruling on the validity of a CFPB 2017 payday lending rule, found the funding structure underlying the agency’s actions unconstitutional. Depending on the results of an appeal, it could spell serious trouble for the bureau.