Mick Mulvaney has been in charge of the CFPB all week and we’ve yet to hear one prediction that subprime mortgage lending will revive with a vengeance…

At press time, Walter’s share price was up 38 percent on the day to $0.52. However, its five-year high is $45.92.

According to figures compiled for the National Mortgage Database and analyzed by Inside Mortgage Trends, for much of the past decade there has been a saw-tooth pattern that finds late payments begin increasing in November of each year before peaking in January.

Acting Ginnie Mae president Michael Bright said the task force is examining critical issues, important data and lender behaviors related to refinancing loans…

Mulvaney’s ascension has raised expectations the bureau will alter its legal positions in high-profile cases such as those involving Ocwen Financial and PHH…

Earlier this week, GR promoted two senior vice presidents – James Elliot and Chris Knapp – giving them additional responsibility over sales and recruiting…

Industry lobbyists believe one key legislator in favor of the Ginnie concept is House Financial Services Committee chairman Jeb Hensarling, R-TX…

The new boss at the Consumer Financial Protection Bureau – Mick Mulvaney – wasted no time this week in beginning to steer a new course for the controversial agency.

For lenders, the killer was rising expenses: $8,060 in 3Q17 compared to $7,774 in the second quarter…

The conforming loan limit for one-unit properties in 2018 will be $453,100, according to an an-nouncement this week by the Federal Housing Finance Agency. The limit for mortgages eligible to be delivered to the government-sponsored enterprises increased by 6.8 percent from the current limit.