The Mortgage Bankers Association applauded the Fed chair's comments revealing the plan.

The downgrade was tied to a debt exchange offer the reverse-mortgage lender announced in late June.

The 203(k) program provides financing for rehabilitation of single-family homes.

Investors act differently than owner-occupants in terms of servicing-related decisions.

Applications for refinances declined for the fourth consecutive week.

Issuance of Ginnie Mae mortgage-backed securities rose 19.2% in the second quarter.

CHLA provided three key priorities for the CFPB to focus on regarding trigger leads.

The non-agency securitization market for closed-end seconds has grown substantially in the past year as lenders look to expand their product offerings with refinance business limited.

The move would mean breaking from the external management by Cherry Hill Mortgage Management, which is owned by Stanley Middleman, CEO of Freedom Mortgage.

Locks for purchase mortgages and refinances declined in June as interest rates increased.