If loan brokers violate the agreement, it could cost them upwards of $50,000...

If MBS returns go negative, that means lenders will have to hike rates to entice investors. Right? Consequences?

However, the court provided an opening for the CFPB to pursue claims raised in the parties’ motion for summary judgment alleging loan servicing misconduct after Feb. 26, 2017...

The agencies issued $304.15 billion of new single-family MBS in February — the fifth straight month over the $300 billion mark, a level never seen until August of last year.

Mike Baldwin: He added: “Productivity is up along with the volume, so we have been very pleased. I really can’t cite any challenges that arose from working remotely. We’ll continue to be flexible.”

Lenders originated an estimated $1.431 trillion of home-purchase loans last year, a solid 13.9% increase from 2019...

Under standards established during the last days of the Trump White House, the patch was set to expire for loans with applications of July 1, 2021 and beyond.

What goes up, sometimes comes down.

PennyMac is hardly alone, but its disclosure reveals just how profitable the strategy can be...

Wells Fargo was the top jumbo servicer, with $268.73 billion of product at yearend, down 14.2% from the end of 2019.