Would you lend money to your relatives? One mortgage firm has made it a business model...

One point of contention is the CFPB’s legal status – the fact that it’s a single agency headed by a single person...

Researcher Tom Popik said lenders may be missing opportunities to leverage strong homebuyer contacts acquired through the mortgage preapproval process.

Shelby noted that Congress “has a responsibility to conduct proper oversight” over the FHFA and the GSEs.

The American Bankers Association said it “strongly supports the principle of accountability and balance, and commends the sponsor of this measure for working to improve the accountability of the bureau.”

The new disclosures have forced PHH to withdraw previous earnings guidance where it estimated a slight profit or breakeven for 2016.

Wells Fargo spokesman Tom Goyda called FHA lending an “important tool” for the bank.

The gains in retail and broker share came at the expense of the correspondent channel, where total GSE sales fell 7.4 percent from the fourth quarter…

In their recent exchange of letters, Sen. Corker articulated a handful of serious concerns with the TRID rule, while Cordray reiterated the ways the bureau has tried to help the industry…