According to his financial disclosure form, Mnuchin lists the value of his Advantage stake at $500,001 to $1 million.

Some industry executives have been predicting a correction in mortgage hiring in the coming months, with large layoffs anticipated at shops that have focused too strongly on refinancings.

As part of the settlement, the OCC lifted certain business restrictions that had been placed on HSBC…

LendSure is licensed in 12 states, with approvals pending in seven more…

As gain-on-sale margins decline, MSR marks will rise...

Third-ranked Bank of America had the slowest growth among the three banks, with a $189.1 billion portfolio as of the end of the third quarter…

Patel also will serve as a member of the lender's executive management team.

Some 30 percent of jumbo application denials were tied to debt-to-income ratios, compared to 15 percent for all loan types.

The change – whose likelihood was first reported by Inside Mortgage Finance last Thursday – affects new loans with a closing/disbursement date of Jan. 27, 2017.

Presently, Japan is the volume leader in Ginnie ownership at roughly $204 billion…