Two of the nation’s largest reverse mortgage lending platforms are on the auction block with a third contemplating an exit via a servicing sale. Coupled with higher upfront premiums on the product, all is not well with the sector.

Heightened concerns have emerged about the effectiveness of the CFPB’s information security systems…

Back in February, Capital One’s Senior Director of Home Loans Eric Declercq left the company for a position at loanDepot.

LendSure has financial backing from Ellington, among other investors…

A guarantee fund would be developed to cover losses.

Despite the red ink, PHH’s board approved a new $100 million share repurchase authorization…

A handful of mortgage executives have suggested to us that trade groups are overreacting to the GOP’s tax overhaul plan and the way it treats the mortgage interest deduction...

According to Wallison: “There is nothing about the way the government has managed the housing finance system for the last 50 years that would remotely recommend a continuing government role.”

Industry consultant Paul Hindman believes more executive changes are likely in the months ahead…

Correspondents generated 38.8 percent of the market and posted the highest purchase-mortgage concentration, 77.8 percent.