Chopra’s installation at the CFPB is expected to jumpstart rulemaking and enforcement efforts by the regulator. At his confirmation hearing in March, Chopra said his priorities include scrutiny of how mortgage servicers work with distressed borrowers.

Nonbank mortgage processors serviced $4.977 trillion of securitized home loans as of June 30, up 2.4% from March and hefty 20.2% gain from a year ago.

Former FHA Commissioner Dave Stevens also expects the November MMIF report to be “relatively" good news...

Looking to lop off some of your MSRs? You're in luck...

The government watchdog said gaps exist in HUD’s established processes to oversee the IT initiative.

While most top-ranked lenders saw aggressive growth in home-equity conversion mortgages during 2Q21, others experienced a slowdown...

On the loanDepot facility, Bank of Montreal is acting through its Chicago branch...

Prestwick is selling a $2.0 billion portfolio of Fannie/Freddie and Ginnie Mae-backed servicing rights.

Keith Lind, executive chairman and president of Acra Lending, an early pioneer in the sector, echoed Pallante’s view, noting there’s a new set of investors for non-QMs.

The share of investment-property mortgages on the LoanNEX platform increased to 35% in August from 25% in the first quarter of 2021...