The state attorneys generals argued two final rules exceed the limits Congress placed on the OCC's ability to preempt state consumer protection laws.

A group of 26 banks reported $1.27 billion in mortgage earnings for the second quarter, up 3.8% from the first quarter.

Two Harbors counters that UWM’s attempted acquisition of Two Harbors failed because UWM’s effort failed to win approval from Two Harbors’ shareholders.

Servicers will not need to use a judicial foreclosure process to terminate a loan backed by the Department of Veterans Affairs that has a partial claim interest, according a new VA policy.

Demand for both purchase mortgages and refinances increased last week, helped by a slight decline in interest rates for mortgages.

The refi share of agency MBS issuance slid to 24.1% in July after accounting for 45.1% in March.

Proceeds from the debt offering will be used to repay a portion of the amounts outstanding under CCM’s mortgage servicing rights line of credit, which CCM drew on for its planned acquisition of Two Harbors.

Rise Economy successfully sued to stop the OCC’s 2020 CRA final rule from being implemented.

The REIT sees more relative value in home equity loans than in other asset classes.

UWM alleges that Two Harbors’ management “embarked on a stealth mission of subversion, calculated inaction and outright lies designed to kill the UWM merger.”