Last week, the Consumer Financial Protection Bureau threw a substantial bone to mortgage lenders and servicers, issuing a formal request for information on the civil investigative demands it has used extensively, and controversially, under the leadership of its former director, Richard Cordray.

However, at the markup, the bill was amended to limit the types of mortgages that will receive QM status.

The FHFA would be tasked with maximizing profits on any asset sales by Fannie and Freddie, according to the Corker bill…

The ruling is a huge win for the mortgage industry, said former CFPB attorney Benjamin Olson, now a partner at the Buckley Sandler law firm…

Over the past two years, PHH has sold off large chunks of its MSR portfolio, while remaining as the subservicer of record…

Due to the string of natural disasters, FHA anticipates an increase in EPDs…

DOJ notes that “over the last several years” there has been a record increase in qui tam (whistleblower) actions filed under the False Claims Act...

The only firms that are feeling overly bullish are nonprime shops such as Angel Oak and Citadel Servicing…

“Jerry Buckley would fit the bill perfectly,” said one industry lobbyist...

DeVito will report to Mary Mack, senior executive vice president of community banking and consumer lending.