When it comes to net revenue, MBA had a strong showing in fiscal 2022. But the trade group remains worried about what industry consolidation might do to its numbers going forward.

The severe correction in residential originations is causing turmoil. Not only are nonbanks closing their doors or consolidating, but so too are the warehouse funders that lend them cash. (Includes data chart.)

Most recently, banking regulators proposed long-term debt requirements on large banks.

American Bank of Oklahoma has agreed to settle charges it used discriminatory lending practices in the Tulsa metropolitan statistical area.

Spring EQ founder and CEO Jerry Schiano will continue to lead the firm alongside the company’s current management team.

A new study shows that the shift from the tri-merge to a bi-merge credit report will have a minimal effect on the average borrower’s credit score, at least using Classic FICO.

Rising interest rates are largely responsible for the increase in available untapped equity, according to Black Knight.

ICE-Black Knight consummate merger; AmeriFirst files for bankruptcy; Integro Bank forays into mortgages; rate hikes could be finished.

Mortgage Bankers Association President Bob Broeksmit decried the proposed higher capital requirements for large banks at an MBA conference.

According to a compliance attorney, the CFPB was problematizing legal behavior in its recent consent order against Freedom Mortgage.