Fix-and-flip shops are in vogue these days but pricey to buy. Still, Rice Park has big acquisition plans. Can it execute?

As the “easy” refis decline, lenders are turning to non-QMs, renovation loans, equity-extraction products and other less common offerings. There are also other moves lenders can make at the beginning of a down cycle, according to industry analysts.

By punting on this GSE case, the appeals court effectively ends shareholders’ constitutional and Administrative Procedures Act claims. Now, all eyes turn to a breach of contract battle in district court.

Rocket is the largest home lender in the land but ranks fifth among servicers. Does it have designs on being the number-one servicing shop too? Hard to say.

The choice between FICO, VantageScore or using both has implications for both originators and the secondary market.

Government agencies and trade associations are warning the residential-finance industry to guard against the elevated risk of cyberthreats from Russian actors in the wake of that nation’s invasion of Ukraine.

The consortium of mortgage lenders hopes to have 20 Walmart locations by the end of year. The co-op also launched a credit reporting agency and loan automation service for members.

As one veteran warehouse manager put it: “We’re sucking wind, like everyone else.”

The top three Ginnie issuers in February: PennyMac Financial, Lakeview and Rocket Mortgage...

Among all originators, Better.com ranked 17th in 2021, according to Inside Mortgage Finance...