The bureau also has dropped pursuit of two rulemakings under the Home Mortgage Disclosure Act. One concerns the data points lenders must report and another is related to the public disclosure of HMDA data.

American Advisor Group was once again the top HECM lender in the nation, originating $1.17 billion of product in 1Q21...

On the surface, the numbers indicate a steadily growing and profitable niche, but...

The Community Home Lenders Association: “This is a boon to younger families and individuals saddled with student loan debt that want to buy a home.”

After dabbling as a non-agency MBS issuer in 2018 with two deals, loanDepot is now sharply increasing its presence in the sector...

The nonbank has been a busy little acquisition bee of late.

When one (cash) window closes, another opens...

“In 10 states, our purchases already equal or exceed amounts in those geographies in each of 2018 and 2019,” Redwood said of its acquisitions of jumbos in 2021. “Loan purchases in these 10 states represent almost 30% of our year-to-date 2021 volume.”

The senator from Pennsylvania also sent a letter to Rohit Chopra, President Biden’s nominee to run the agency, asking whether he had participated in getting rid of CFPB workers.

Mitch Tanenbaum, chief information security officer at Turnkey Cybersecurity and Privacy Solutions, said small to medium-sized shops with no infrastructure to combat such assaults have been the most susceptible.