The acquisition is set to add a new revenue stream to Netcapital that is focused on residential mortgage originations and servicing.

UWM is willing to revise the terms of its offer to acquire Two Harbors Investment.

Eight of the top 10 banks reduced their portfolios on a quarterly basis.

Buying by insurance companies is seen as a key driver in the expanded-credit MBS market.

The Illinois Department of Financial and Professional Regulation says the lender used an unlicensed mortgage loan originator.

Homebuyers are still waiting to move off the sidelines despite a recent reprieve in mortgage rates, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending May 29.

Two Harbors board says CrossCountry's bid is still the better option, in part because of its fully committed financing.

Among purchase-mortgage applications received last year, lenders denied 7.79% of conventional mortgage applications, 8.10% of VA loan applications and 12.70% of FHA loan applications.

In a Truth Social post, President Trump said Pulte will serve simultaneously as FHFA director and acting director of National Intelligence, overseeing national security matters conducted by 18 federal intelligence agencies.

Freddie Mac tools are helping lenders increase efficiency and reduce costs, according to Sonu Mittal, head of Freddie’s single-family acquisitions division.