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.

The legislation cleared the House Committee on Financial Services with a 46-0 vote this week against opposition from credit bureaus.

Alarmed by the administration’s repeated references to ending the conservatorships of Fannie Mae and Freddie Mac, leading Democrats in the Senate are attempting to tap the brakes.

The bureau could rescind the 2014 loan originator compensation rule, likely creating challenges for the industry, according to attorneys.

The non-qualified mortgage market is growing in step with the gig economy, according to industry leaders.

Mortgage companies continue to rely on institutional investors to purchase their corporate note offerings. But borrowing costs are on the rise.