Foreclosures posted an unexpected increase of 11% in August...

The National Fair Housing Alliance called HUD’s new Preserving Community and Neighborhood Choice rule a “major step backwards in the ongoing fight for fair housing.”

Bank of America, Wells Fargo and Chase ranked first, second and third, respectively, in terms of ARM lending in the second quarter. All are megabanks...

The deal will mark the fifth MBS Angel Oak has issued since mid-May, all of which have been stocked with mortgages originated before April.

MBA's Mike Fratantoni: “The share of Ginnie Mae loans in forbearance increased again ... as the current economic crisis continues to disproportionately impact borrowers with FHA and VA loans."

Fannie Mae, for one, believes the proposal could prompt a 20 bp increase in g-fees.

Loan brokerage firms have increased employment by 16.3% year-over-year...

The bulk of the increase in USDA lending has been driven by purchase mortgages, though refinances also increased significantly.

Citi led the pack with $2.46 billion of EC production in the second quarter, more than doubling its volume from 1Q20.

the good news: Mortgage servicers so far have been advancing principal and interest on missed payments to the secondary markets...