After settling OCC charges on how it manages subservicing risk, Cenlar faces the possibility some of its clients might bolt for the competition. But will they?

A consumer advocacy group with a high profile filed complaints against Movement Mortgage and Fairway Independent for lending violations under the Fair Housing Act.

Transitioning borrowers from COVID-related forbearance to a loan modification or other resolution entails time-consuming and detailed work, Federal Reserve Governor Michelle Bowman warned.

Complaints regarding loan closings declined at the fastest rate during the third quarter...

Brandon Filson, AOM’s chief financial officer, said the company has the potential to generate returns of roughly 12% to 15% from whole loans...

One non-QM executive said he’s beginning to see whole-loan prices soften “a little.”

Loan modifications played a big part in keeping the FHA program the top provider of Ginnie loans.

The Pontiac, MI-based lender is forecasting 4Q originations of $52.0 billion to $60.0 billion and a GOS of 85 to 105 bps.

While FoA is originating many more traditional mortgages than reverse mortgages, much of the lender's profits are coming from reverses...

When asked if he supported the new qualified mortgage rule, Chopra said, “I don’t know"...