There's a back-and-forth happening between courts on where a challenge to a final rule from the CFPB on credit cards should be heard.

Given confusion around the commission structure for home sales, it’s important for loan officers to advise real estate agents and become a source of knowledge for homebuyers, according to Jonathon Haddad, CEO of the Association of Independent Mortgage Experts.

Applications for both purchase mortgages and refinances were up modestly last week.

The Federal Reserve responds to industry criticism by back-pedalling on some of the more aggressive capital requirements in the proposal.

The selection of Diana Reid means Freddie Mac, Fannie Mae and FHFA are now all run by female executives.

A new requirement to extend language access for home borrowers within the CFPB's proposal to update Regulation X's mortgage servicing requirements will actually do the opposite, according to a joint comment letter submitted on the proposal.

REITs increased their holdings of agency MBS during the second quarter while reducing investments in non-agency MBS and credit-risk transfer securities.

After issuing a final rule on open banking, the CFPB plans a follow-on rule for open banking with mortgages.

Originations of both non-agency and conforming jumbos were up in the second quarter of this year.

“The potential for growth of the sector is massive,” said Sainadh Polisetty, a senior vice president of investments at One William Street Capital Management.