Celink, a servicer of reverse mortgages, has agreed to pay the federal government $4.25 million for violating the False Claims Act...

Kurland was given an annual base salary of $900,000 from Jan. 1 of this year until Dec. 31, plus cash and equity incentives.

According to the ruling by the appeals court, Citizens pays its LOs $11.50 an hour along with commissions based on volume…

At press time, the yield on the benchmark 10-year Treasury was at 2.67 percent, the lowest reading in almost 12 months…

The rule creates two types of cash-out refinances…

MBA CEO Bob Broeksmit: “We have made our concerns known to Treasury and request that IRS employees performing this vital work be deemed essential so loan closings can continue without further interruption.”

The NAR called FEMA’s about-face a “critical win.”

Fannie and Freddie tossed out the idea of creating their own internal models as impractical...

First Republic Bank, the top IO lender in the group, originated $1.68 billion of product…

Capital Alpha Partners: “Mnuchin’s job is in danger the same as any cabinet member under Trump...."