The $1.5 billion offered by MIAC has an average interest rate of 4.22 percent and delinquencies of 2.65 percent.

Earlier in the week, candidate Trump warmed the hearts of banking and financial services executives everywhere when he said he would propose a moratorium on all new financial regulations…

In the event of a severe economic crisis, Fannie Mae and Freddie Mac could need a bailout of up to $125.8 billion, according to a Federal Housing Finance Agency stress test released this week. The test of severely adverse scenarios, required by the Dodd-Frank Act for companies with total consolidated assets of more than $10 billion, took place in March and is based on Fannie and Freddie portfolios as of Dec. 31, 2015. The bailout would be needed on an incremental basis and would also depend on the treatment of the government-sponsored enterprises’ deferred tax assets. Under this hypothetical economic scenario, situations include...

The share of refi loans with scores of 740 or higher edged up from 57.8 percent in the first quarter to 61.6 percent in the second.

The VA share of new loan applications improved to 13.0 percent from 12.1 percent the week prior.

UWM is beginning to see some of its competitors pick up their game...

Senior-level mortgage executives are in demand these days, according to one recruiter...

Of the two GSEs, Freddie Mac had the bigger monthly increase at 17.1 percent…

The question remains: who will buy PHH's assets? Is a franchise deal even possible?

The 22 regional banks fared a lot better, reporting a combined $903.5 million of mortgage-banking income…