Borrowers with adjustable-rate and reverse mortgages may benefit significantly from the phase-out of the London Interbank Offered Rate (LIBOR), according to new research by the Urban Institute. But the news is not so good for investors.

Freddie said it expects to make the $2.6 billion dividend payment in December.

Year-over-year, United Wholesale Mortgage had the largest gain at 52.2 percent, based on originations through the first nine months of 2018.

The current policy, issued in 2013, says the bureau will not approve a trial disclosure that weakens consumer understanding of valuable information, even if it improves cost effectiveness.

Freddie Mac benefited to the tune of $200 million (pre-tax) by reducing the write-down on its net deferred tax asset...

Wells Fargo once again led the complaint pack…

Fairholme adds: “This is good news when you count the cash that Fannie and Freddie have earned and will earn.”

Rob Zimmer, director of external affairs for the Community Mortgage Lenders of America, is in the camp of those worrying about the ramifications…

Fun fact: Consumers with their names in the email address were 30 percent less likely to default than other customers.

Clayton Services has been hired to conduct due diligence reviews every 90 days on 100 randomly selected loans.