Dan Gilbert will retain majority control of Quicken Loans after an IPO involving the lender, which turned a nearly $900 million profit last year.

The Supreme Court upheld a law banning cellphone robocalls, striking down a debt-related exception created by Congress in 2015...

With the clock ticking down to the presidential election and the Supreme Court ruling the CFPB’s leadership structure unconstitutional, the bureau is rushing to check certain items off its rulemaking agenda.

Record-low mortgage interest rates powered a surge in refinance activity in agency mortgage-backed securities platforms during the second quarter of 2020, according to a new Inside Mortgage Trends analysis.

However, homeowners have shown little interest in accessing the available equity through cash-outs.

The bulk of non-QM originations come through mortgage brokers and the retail channel.

Finance of America Mortgage funded roughly $5.19 billion in the second quarter, a $1 billion sequential improvement. Other lenders also posted gains.

“We didn’t have as much of a housing shock [even] as we had 20 million people laid off,” said Mark Calabria, director of the FHFA.