The Zeldin bill passed by a vote of 48-0.

The megabank is not commenting on how the cuts might affect specific business units...

Mortgages from 74 lenders will be included in the deal…

Originations at the largest U.S. mortgage lender in the third quarter will look a lot like production in the previous quarter, according to John Shrewsberry, a senior executive vice president and chief financial officer at Wells Fargo.

More conventional loans that fit under the GSE loan limits for high-cost markets are ending up in non-agency mortgage-backed securities…

Wells SVP John Shrewsberry: “In first mortgage, I would say, we should outperform whatever the market is delivering…”

On Nov. 1, Fannie Mae will begin accepting applications for its new high loan-to-value ratio refinance product.

Steve Skolnik, an industry veteran with a long career in nonprime lending, was recently hired as CEO…

The agency specifies that a two-year testing period would be the norm.

Three nonbank lenders, all owned by PE firms, are key contributors to the deal…