After HomeBridge buys the Sherman Oaks, CA-based lender, the Prospect Mortgage name will disappear, said CEO Peter Norden.

TRID rule changes mean mortgage technology vendors will need to retro-fit software into multiple versions, which further stretches the resources…

Roughly $4.0 billion, or 72.7 percent, of Nationstar's production came through its consumer direct channel. Purchase loans represented 24 percent of originations.

At the recent annual convention of the Mortgage Bankers Association, trade group chief Dave Stevens said originators are being discouraged from lending to some first-time homebuyers.

During his career, Cotton has worked for Freddie Mac, Bank of America and Sterling Savings Bank, among others.

Will we finally see a 2.0 percent fixed-rate GSE loan then? Black swans, black swans...

The four megabanks had significantly greater earnings as a group: $2.684 billion, but the gain was slightly lower, 21.2 percent.

Through the first nine months of 2016, Freddie Mac earned $2.97 billion. It lost $354 million in 1Q and then turned around and posted a $993 million profit in the second quarter.

The CFPB also found that some banks used employees from a staffing agency who were not properly registered or licensed...

According to the offering circular, 82 percent of the underlying mortgages were sourced through loan brokers...