At the CFPB, penalty money comes in, but doesn't necessarily go out very quickly...

As part of his departure package, Raman will receive $600,000 in cash severance payments, payable over 52 weeks, but is walking away from unvested stock appreciation rights.

HomeUnion Lending is licensed to operate in Alabama, Florida, Indiana, Iowa, and Oklahoma, but plans on expanding its reach to 16 more states by the end of March 2016.

Xome isn't exactly Uber, said one Nationstar critic...

Quicken Loans once again led the pack in FHA production, funding $3.77 billion in 3Q15, giving the nonbank a market share of 5.14 percent.

Dallas also sized the comfort level on personal loans, saying the loan amounts would probably be in the range of $10,000 to $35,000.

According to Black Knight’s home price index (HPI), the average home value is now $253,000, which is still lower than the June 2006 peak of $268,000.

The HUD IG said it has investigated a number of HECM lenders suspected of using inflated appraisals in refinance transactions.

Monique Rollins, deputy assistant secretary for the Treasury Department’s Office of Capital Markets, said the Treasury supports industry-driven efforts.

At one point should a mortgage originator hire a full-time attorney to oversee compliance?