CFPB Releases 2018 Financial Literacy Annual Report; Former CFPB Deputy Director Raj Date Joins a Fintech Company; Rep. Patrick McHenry Elected Top GOP Member of House Financial Services Committee.

Founded by industry vet Willie Newman, Home Point is owned by investment funds managed by Stone Point Capital...

Agency production last month was buoyed by an increase in securitization of refinance loans…

Want to shrink Fannie and Freddie? Cut investor loans, then move on to cash-out refis…

Bank of America, the nation’s fourth largest mortgage servicer, appealed the case to the Supreme Court…

If Michael Bright is not confirmed in the current Congress, President Trump will have to re-nominate him...

Observers note that CFPB nominee Kraninger has no track record in financial services…

Purchase loans accounted for over 80.0 percent of third-quarter production at Wells Fargo, PennyMac Financial, Caliber Home Loans, U.S. Bank and Amerihome…

Ocwen, which paid $360 million in cash for PHH, also disclosed: “The purchase price we negotiated contemplated PHH could continue to incur losses.”

Small- to medium-sized residential lenders are finding a home in today’s merger-and-acquisition market, but larger transactions are facing long odds with private equity investors sitting on the side-lines. At least that’s the view this week from a handful of advisors interviewed by Inside Mortgage Finance.