The parent company of Quicken Loans splurged $905 million on marketing last year, helping the nonbank become the second largest mortgage lender. The firm is now ready to launch an IPO.

Many FHA and VA loans have been bought out of Ginnie pools and moved onto bank balance sheets, according to the MBA.

The book just closed on the second quarter, and it appears that many nonbank originators closed more loans than they did in 1Q20.

The nonbank took a large loss in the first quarter and halted production. Officials at the firm are now betting on originating GSE-eligible mortgages through call centers to return to profitability in the third quarter.

While some of the adjustments were initially thought to be temporary, lenders are preparing to make some permanent changes.

Bill Foley, the man who made Fidelity Financial into a title insurance giant, has his eyes on mortgage analytics vendor CoreLogic. But will antitrust concerns prevail?

MBA data show relief numbers falling by 1 basis point to 8.47%.

The financial turmoil caused by the coronavirus pandemic has prompted many seniors to consider, for the first time, a reverse mortgage.

After a planned merger between Amherst Residential and Front Yard Residential fell through, the head of Altisource Portfolio Solutions expressed his displeasure with Front Yard’s board.

Lenders are making money hand over fist thanks to low interest rates and the ability to complete refis while working from home.