Richard Horn, a former CFPB senior counsel, said the bureau has been “surprisingly quiet in terms of real actions.”

Is the worst of the mortgage rate increases over? Hard to say. Meanwhile, publicly traded nonbanks may be forced to curtail their dividend payments to common shareholders.

When it comes to mortgage gripes registered, Wells Fargo was a distant second with 386...

One notable: The firm assigned an asset value of 131 bps to its mortgage servicing portfolio for the first quarter compared to 112 bps in 4Q21.

Saluda Grade has issued a handful of other non-agency MBS backed by second liens...

Federally insured depositories with assets north of $1 trillion saw their GSE servicing balances remain essentially unchanged in the first quarter...

LoanDepot noted Martell “will drive daily operations and lead the company’s diversified multi-channel mortgage origination model"...

The biggest decline in bulk transfers was in the Ginnie market, where volume plummeted 27.9%...

MBA expressed reservations about FHFA’s pursuit of examination authority over nonbank servicers, efforts to ensure a level playing field and more...

The brainchild of industry veteran Michael Strauss, Sprout is a top-10 ranked originator of non-QMs.