The FHA Mutual Mortgage Insurance Fund ended fiscal 2021 with a capital ratio of 8.03%, more than four times its statutory minimum. As anticipated, the industry wants FHA to follow up with premium cuts.

Federal and state regulators, including the CFPB, alerted residential servicers that the agencies will once again be exerting their supervision and enforcement authority when it comes to practices involving borrower communication.

Vishal Garg’s mortgage fintech Better originally thought it would be a public company by yearend. But now? Stay tuned.

Attorneys are urging companies to communicate how workers must comply with mandates for COVID-19 vaccinations or testing following an emergency temporary standard from the Occupational Safety and Health Administration. The OSHA mandate faces challenges in federal court.

When in doubt, issue debt and repurchase equities. At least that’s what one top-ranked lender is doing. Meanwhile, Wells will soon need a TPO chief.

Early-stage delinquencies jumped in the third quarter, prompting a quarterly increase in the total past-due rate. Many borrowers that have been in forbearance for 18 months are also reaching the end of their payment holidays. (Includes data chart.)

The fix-and-flip market is starting to look a little long in the tooth. Right? Maybe for some corporate investors. But for originators of these short-term loans, the grass still looks green.

A report by Fitch Ratings forecasts a sharp drop in originations and declining GOS margins that will put pressure on earnings for smaller nonbank lenders.

Loan officers’ commissions decreased 17% year-over-year during the third quarter, driven by a hefty 37% drop in refinance commissions.

After settling OCC charges on how it manages subservicing risk, Cenlar faces the possibility some of its clients might bolt for the competition. But will they?