Mr. Cooper, like many mortgage shops, has engaged in large-scale layoffs the past year to bring costs in line with revenues.

New credit scoring models will be fully implemented by the GSEs near the end of 2025, according to FHFA.

Lower interest rates weren't enough to keep loan applications increasing.

Both originations and servicing were a lot less profitable in the fourth quarter of 2022.

The policy statement provides some details on how the CFPB defines "abusiveness."

Chase is "hanging on" and hoping for change in the mortgage market, according to Jamie Dimon.

The Federal Home Loan Banks could help support nonbank mortgage companies by funding the warehouse lenders that fund nonbanks.

NCRC applauded the CFPB's decision to appeal a ruling in a redlining case.

MBA said the longer implementation timelines are welcome, but has other concerns...

Consumer Financial Protection Bureau Fair Lending Director Patrice Ficklin said the bureau would continue enforcing the Regulation B protections for prospective applicants.