“It’s taking us a little longer to get this done, but at the same time, we want to get it right,” Michelle Corridon, deputy director of policy at VA, said of the VA Servicing Purchase program.

Alt-doc products include asset depletion, asset utilization, trust income, bank statements and letters from certified public accountants.

Delinquency rates may be nearing cycle lows...

Ginnie Mae continued to set the pace in the agency single-family servicing market as its outstanding MBS rose 2.1% to $2.270 trillion.

The CFPB plans to propose a rule in 2024 that would lead to the removal of medical bills from credit reports.

There's an interplay between how the proposal would impact larger banks and the effects on nonbank mortgage companies.

Eric Hagen, an analyst at BTIG, said PennyMac’s offering “could lead to more, although it’s tough to say who could be next.”

Interest rates could stay for higher than longer than previously expected...

Mortgage buybacks at banks increased slightly on a quarterly basis in the second quarter, though repurchase volume was down 30.4% on an annual basis in the first half of the year.

Guaranteed Rate is telling mortgage applicants that its loan officers are "always on" thanks to a new LOS app.