In a recent RFI, the CFPB suggested that the development of automatic mortgage refinances could help borrowers.

The request for information drew responses from a handful of labor unions and employer trade groups from a variety of industries.

CSBS names new policy and supervision chief; CFPB studies student banking; bureau sues remittances firm; DOJ settles discrimination claims with bank; Regulation F MVNs are optional; bureau states clearly false data don’t belong on credit reports.

The top buyer of bulk MSRs through the first nine months of 2022: Freedom Mortgage...

In the third quarter, FoA funded an estimated $2.6 billion of mortgages, 66.7% of it through retail means.

Flagstar accounted for most of the gain by mid-size banks, with its GSE MSR portfolio increasing a hefty $24 billion...

As the week began, the yield on the benchmark 10-year Treasury was at 4.27%, a few ticks below its 52-week high.

Default rates on Fannie/Freddie loans continued to decline in the third quarter of 2022, while FHA-insured loans in Ginnie MBS pushed the overall Ginnie delinquency rate higher.

Over the past two years, Marlin Mortgage has made a name for itself as a buyer of conventional servicing rights. Now it is ready to pounce in the Ginnie market. A new proposed company acquisition may help.

While homeowners have record amounts of tappable equity, home-equity lenders face some challenges, navigating both a decline in home prices and rising interest rates.