A New Jersey jury this week agreed with LoanCare’s counterclaim that Freedom Mortgage fraudulently transferred funds when terminating a subservicing agreement.

The MBA said the proposal lacks a provision for a cost-benefit analysis and dispenses with assessing the likelihood that a firm would experience material financial distress in making the designation.

Look for Wells Fargo to offer more of its holdings while other shops, bank and nonbank alike, contemplate their futures.

Amid a housing supply crunch, investors are finding it more profitable to focus on rental properties instead of fix-and-flip homes.

The Urban Institute wants Fannie and Freddie to view FHA as a partner and share their data and underwriting models to assist in FHA’s mission.

Although FedNow might seem an ideal fit for mortgage settlements, it remains to be seen if the industry will embrace this technology.

Consumer complaints to the CFPB related to mortgages were down sharply from the early months of the year, with huge drops in every category, according to a new Inside the CFPB analysis.

Most of the recent amicus briefs filed in a case challenging the CFPB’s funding structure urged SCOTUS to affirm a Fifth Circuit ruling on the matter.

Industry participants spoke last week on effective implementation of the Department of Housing and Urban Development’s discriminatory effects rule during a conference of the National Fair Housing Alliance.

The consent orders related to Bank of America’s practice of charging repeat nonsufficient funds fees, denying rewards to credit card consumers and opening unauthorized credit card accounts.