One point of contention is the CFPB’s legal status – the fact that it’s a single agency headed by a single person...

Shelby noted that Congress “has a responsibility to conduct proper oversight” over the FHFA and the GSEs.

Researcher Tom Popik said lenders may be missing opportunities to leverage strong homebuyer contacts acquired through the mortgage preapproval process.

The new disclosures have forced PHH to withdraw previous earnings guidance where it estimated a slight profit or breakeven for 2016.

The American Bankers Association said it “strongly supports the principle of accountability and balance, and commends the sponsor of this measure for working to improve the accountability of the bureau.”

Wells Fargo spokesman Tom Goyda called FHA lending an “important tool” for the bank.

In their recent exchange of letters, Sen. Corker articulated a handful of serious concerns with the TRID rule, while Cordray reiterated the ways the bureau has tried to help the industry…

The gains in retail and broker share came at the expense of the correspondent channel, where total GSE sales fell 7.4 percent from the fourth quarter…

But there was some good news: the percentage of single-family mortgages made to first-time home buyers continues to climb…

The New Jersey-based Freedom is no ordinary FHA lender. According to Inside FHA/VA Lending it ranked third nationwide in FHA production last year with $4.52 billion.