First Interstate Bank posted the largest loss in the second quarter, spilling $5.5 million of red ink.

PennyMac Loan Services accounted for 40.8% of the planned $356.1 million issuance, followed by Rocket Mortgage with a 32.8% share and Newrez with a 24.2% share.

Crestline Management is based in Forth Worth, TX, and has $17.0 billion of assets under management.

VantageScore and FICO offer competing research claiming that their respective scores are better.

Stephen Miran, President Trump’s nominee to fill a vacant governor position at the Federal Reserve, said he intends to preserve the Fed’s independence if confirmed for the position.

Only two of the 11 regional banks saw a sequential increase in profits in the second quarter.

Expanded-credit MBS marketing had paused after Aug. 22.

A proposal from the CFPB would limit the bureau's ability to designate nonbanks for supervision.

The bank projected that it will take more than four years to recover the $9.3 million loss tied to the sale of the MBS.

Demand for purchase mortgages declined last week even as interest rates on mortgages moved down.