The Mortgage Bankers Association has suggested the FHFA end its tri-merge process, replacing it with a single credit report rather than the bi-merge model as currently planned.

Wells Fargo has the freedom to increase activity in various financial products now that the bank is out from under an asset cap. And officials at the bank have plenty of plans for growth, but not with mortgages.

Home lending is picking up, but not dramatically. And that means mortgage bankers are being cautious about hiring.

The court’s decision may give the CFPB “some pause” as to how it approaches other reversals, according to industry attorneys.

The Trump administration and Republicans in Congress are aiming to restrict access to relief from the Federal Emergency Management Agency – or get rid of it entirely.

The community development financial institution won a lawsuit against its former chief of staff, Adam Levine, over a multi-million-dollar extortion scheme.

Bayview to acquire Guild; Senate approves trigger leads bill; REIT to acquire non-QM lender, Fairway to acquire retail lender; trade groups seek exemption for real estate from potential new tax.

Cenlar is building a new warehouse finance operation and mortgage conduit, adding to its leading subservicing offering.

Industry participants are worried the Trump administration is using a chainsaw, rather than a scalpel, in its deregulation efforts.

Sen. Tim Scott, R-SC, chair of the Senate Committee on Banking, Housing and Urban Affairs, said the move wouldn’t affect the CFPB’s existing ability to request funds from Congress.