“If I were a dues-paying member of these trade groups, I might ask for my money back,” said Jesse Van Tol, president and CEO of the National Community Reinvestment Coalition, commenting on bank trade groups challenging revisions to CRA standards.

With the spring homebuying season just around the corner, lenders may want to staff up...

Agency-eligible production accounted for 87.1% of first-lien originations in the fourth quarter, up from 81.1% a year ago.

Public Citizen Litigation Group applauded the decision that confirms federal agencies can't escape accountability when they fail to comply with their responsibilities to consumers under the Fair Credit Reporting Act.

The nonbank is set to have a $1.1 trillion portfolio as of the end of March.

ARMs accounted for less than 1% of prime non-agency MBS issuance in 2023.

Rep. Maxine Waters, D-CA, reintroduced a package of bills aimed at affordable housing.

The vast majority of FHA originations end up in Ginnie Mae mortgage-backed securities.

“Regional banks would usually balance sheet a lot of [non-QM] borrowers, but they’re contracting due to their risk exposure,” said Samuel Bjelac, the new senior vice president, national sales, third-party originations, at Carrington Mortgage Services.

Legislation to limit trigger leads was introduced in the House with bipartisan support.