The regulator determined that consumers were lured with deceptive promises of savings and misled about when their payments would be applied.

Are more lenders considering selling their companies because of large potential fines they’re facing from the CFPB and HUD?

Lykken said he wants to transform "one company at a time."

“The question was a surprise to many investors and resulted in clients questioning whether a CFPB crackdown in the timeshare market was ahead,” writes Compass Point analyst Isaac Boltansky…

Among the top 10 contributors to jumbo MBS through two quarters this year, half were banks or associated with banks.

The lender could not provide any volume figures, but Logemann said one in 10 inquiries she receives “has some element” of a consumer who has gone through a foreclosure or short sale

Meanwhile, the thrift’s gain-on-sale profit totaled 121 basis points compared to 127 in 1Q and just 82 in the second quarter of 2014.

Abreu ran GMAC from October 2009 to 2013. He then went to work for Ellington Management Group where he headed originations.

Purchase loans made by Guild totaled $4.4 billion in the first half of 2015, accounting for 66.1 percent of all production.

Operational problems at Trump Financial? It's all history now...