The mortgage giant will assess lender quality control by comparing the defect rates reported by lenders with its own data on the same loans.

The mortgage industry is facing challenging times, thanks, in part, to the Fed’s constant rate hikes. Fighting inflation is a laudable goal but lenders wonder how badly the housing-finance system might be damaged.

Correspondent originators are better at finding purchase-mortgage business, and that’s why the channel’s market share rose in the second quarter. Brokers saw the biggest decline. (Includes six data charts.)

Last month new home sales fell to their lowest level since January 2016. Trouble ahead, perhaps?

Ginnie spreads over Treasuries have widened in the wake of the newly announced capital and liquidity requirements for nonbank servicers.

Residential finance can be cyclical, but what inning is the correction in? Investors are willing to buy mortgage company debt...but at a price.

Purchase-mortgage originations saw a healthy gain in the second quarter, but not enough to offset plunging refinance activity. Production was up in jumbo and ECM lending. (Includes two data charts.)

The GSEs will now focus on the percentage of multifamily units that meet affordability standards rather than the actual number.

The Conference of State Bank Supervisors unveiled two new tools to help state examiners assess nonbanks’ resilience against cyberattacks.

A plaintiff in a class-action lawsuit claims the Equifax credit score glitch cost her more on auto loan payments.