Issuance of Ginnie Mae mortgage-backed securities rose 19.2% in the second quarter.

CHLA provided three key priorities for the CFPB to focus on regarding trigger leads.

The non-agency securitization market for closed-end seconds has grown substantially in the past year as lenders look to expand their product offerings with refinance business limited.

The move would mean breaking from the external management by Cherry Hill Mortgage Management, which is owned by Stanley Middleman, CEO of Freedom Mortgage.

Locks for purchase mortgages and refinances declined in June as interest rates increased.

In the conventional-conforming sector, the broker share grew to 22.2% in the first quarter, up from a 21.6% share the previous quarter.

Mike Fratantoni, a senior vice president and chief economist at the Mortgage Bankers Association, stressed that headline figures from the June jobs report don't tell the whole story on employment trends.

The CFPB completed 28 fair lending examinations or reviews on banks and nonbanks last year.

Pending home sales in June declined on an annual basis at a rate not seen in four months.

Under Garrett's tenure, First Horizon has funded more than $1 trillion in mortgage loans.