A number of banks reduced their jumbo originations in early 2024 and nonbanks aren't fully picking up the slack.

The Supreme Court delivered a unanimous opinion in Cantero v. Bank of America, sending the case back to a lower court.

Lenders are happy the CFPB is scrutinizing certain fees while harboring some concerns about the CFPB's motives.

To date, nonbank lender/servicers that play in the conventional/government arena have had mixed success in capitalizing on using REITs that sell shares to the public.

Michael Cohen, former President Donald Trump’s former attorney, testified during the trial that he used proceeds from a personal home equity line of credit to pay off Stormy Daniels on behalf of Trump.

Industry trade groups reacted swiftly to the RFI.

Dubbed HMBS 2.0, the securitization product would give Ginnie MBS issuers a new funding mechanism to buy back loans with balances over 98%.

The total delinquency rate among large servicers was 3.23% at the end of March, down 38 basis points from the end of 2023.

The VA said Wednesday it is “strongly” encouraging mortgage servicers to extend their pause of foreclosures for VA-guaranteed home loans through the end of this year.

The new policy includes the implementation of a waterfall of loan modifications designed to reduce borrowers' monthly mortgage payment by at least 20%.