When it comes to the VA mortgage process, the CFPB is trying to send a message on deceptive ads...

TD Bank and Charles Schwab continued to dominate the sector, accounting for a combined 45.2% of industry ABS holdings despite pulling back somewhat during the pandemic-stricken second quarter.

However, the CFPB acknowledged its analysis may not represent the full picture because credit reporting is a lagging indicator...

It may seem hard to believe, but the high level of impairments hasn't prompted material losses on MBS, at least not yet...

The nonbank mortgage giant also offered a 3Q gain-on-sale estimate of 405 basis points to 430 bps. In the second quarter, its GOS came to a mouth-watering 519 bps.

Lenders are minting money these days, servicers not so much...

The CFPB has assessed $1.8 million in fines on six VA lenders for sending deceptive ads...

That leaves the supervision of these cloud contractors up to Fannie and Freddie themselves.

Mr. Cooper plans to increase its staff by more than 50% this year, with many of the hires focused on mortgage originations.

LOs earned 59% more in the second quarter of 2020 compared to the same period a year ago, according to figures compiled by LBA Ware...