GSE securitization of investment-property mortgages fell by 33% on a sequential basis in the second quarter, while overall single-family GSE activity was down only 5%.
The regulator for the California mortgage industry has released an annual report that includes best practices by originators and lenders who have a low level of consumer complaints.
Mr. Cooper is facing legal challenges to this spring's series of unauthorized withdrawals that it says was caused by a systems test made by its electronic payments vendor.