The mortgage servicing business racked up its third consecutive year of steady growth in 2017.

UBS agreed to a $230.0 million settlement on Wednesday with the New York attorney general to resolve issues with pre-crisis non-agency mortgage-backed securities.

Freddie Mac announced its first non-performing loan sale of the year this week.

Consumers who take part in homebuyer education and counseling classes are more satisfied with the mortgage process.

Former World Acceptance Corp. CEO Janet Lewis Matricciani wants to apply for the position of CFPB director .

GSE buyback volume fell 11.6 percent from the 2016 total, including an 11.4 percent drop from the third to the fourth quarter of last year.

Some 1,348 loans will be included in the issuance, divided nearly evenly between jumbo mortgages and loans eligible for sale to the government-sponsored enterprises.

“On previous occasions when the bureau has issued guidance, its value has been negated by disclaimers making the guidance non-binding on the bureau,” the Mortgage Bankers Association said.

"If mortgage rates doubled overnight, our model indicates a decline of just 300,000 sales, a mere 5 percent decrease,” said Mark Fleming, chief economist at First American.

The decline in mortgage applications was driven by applications for refinances, as requests for purchase mortgages increased slightly.