The decision, in a case pitting the CFPB against a student loan securitization trust, opens up the defendants to enforcement actions brought under federal law.

Another way to bet on housing? The securitization of residential equity agreements is in its infancy. Does it have legs? Unison certainly hopes so.

Rocket Mortgage ranked as the top originator of conventional-conforming loans with an estimated $279.3 billion in volume.

Although earnings slipped, net revenues increased to $5.57 billion from $5.25 billion in 3Q21.

Why would Michigan workers place a bet on California-based loanDepot and not UWM or Home Point?

Sales of mortgage servicing rights have been nothing short of stunning the past five quarters. Can the good times last? Yes, if prepayment speeds cooperate.

FHFA is reportedly working to re-propose updated financial eligibility requirements for Fannie/Freddie seller/servicers. The changes had been put on the back burner at the start of the pandemic.

But credit-related charges at the mortgage giant went from $194.0 million in the third quarter to $604.0 million in the fourth quarter.

Overall, mortgage delinquencies at the end of 2021 had returned to levels seen before the pandemic. Serious delinquency rates are elevated compared with the days before the coronavirus. (Includes data chart.)

Good news/bad news: Spanish bank Santander is staying in America — but it’s exiting mortgage finance.