According to Francis Creighton, president and CEO of the Consumer Data Industry Association, the adoption of the CARES Act went smoothly, but it’s too early to tell what impact the pandemic will have on consumer credit...

Among the charges: McCord bounced checks to more than sixty taxing authorities and borrowers missed making their real estate tax payments...

The nation's 16th largest originator is pondering acquisitions of all different sizes...

Citadel’s MBS received a preliminary A-rating from DBRS Morningstar with credit enhancement of 19.1% on the senior tranche.

Otting's appointment is effective July 1. He has not yet been named to serve on any board-centric committees, which carry extra pay.

Mortgages from HomeXpress account for 18% of the pending $363.2 million non-QM MBS from Lone Star Funds.

Correspondent production of conventional-conforming loans fell 17.3% on a quarterly basis, reducing the channel’s share to 36.7%, the lowest reading in the past five years.

To some, the rule's $243 billion minimum leverage capital requirement means the GSEs can’t generate enough profits to attract investors...

Nonbank mortgage giants such as UWM and Quicken are hiring hundreds of mortgage workers during the pandemic. Commercial banks, not so much...

The survey was based on responses from 336 lenders, 81% of which are nonbanks. Firms in the study originated, on average, $728 million of loans in 1Q20.