The revised definition excludes from points and fees any compensation included in the interest rate and for which the consumer was separately charged.

Zillow, a real estate information services company, highlighted the mortgage purchase as a key part of its third quarter results.

Earlier this year, Treasury Secretary Steven Mnuchin told the Senate Banking Committee he has the authority to restructure Fannie and Freddie without any change in law.

In its earnings statement, PHH notes that Ocwen can terminate the acquisition if “available cash on hand falls below a prescribed amount…”

Anthony Hsieh of loanDepot: “Relax everyone. Competition is good."

Starwood is now directly sourcing loans from Impac and hasn’t tapped any other originators.

The Treasury report acknowledges concerns from the appraisal industry but touts the benefits of using the waivers…

As of Monday morning, none of the parties involved – FHFA, the FHFA IG, and the Council – were commenting to IMFnews. Nor were they denying the existence of an investigation.

The fundamentals just weren’t there...

The lender/servicer also unveiled plans for a corporate reorganization that could triple the firm’s market capitalization rate…