The American Bankers Association, U.S. Chamber of Commerce and the Independent Community Bankers of America, among others, allege the new CRA requirements violate the Administrative Procedure Act.

Leaders at FHA and VA haven't ruled out following the Federal Housing Finance Agency in a shift from a tri-merge score process to a bi-merge process.

The DOJ alleged that First National Bank of Pennsylvania continued a practice seen at Yadkin Bank of focusing mortgage lending disproportionately on white areas of Charlotte and Winston-Salem.

The National Community Reinvestment Coalition accused banks of hypocrisy for filing a lawsuit against new standards under the Community Reinvestment Act.

In a few months, Finance of America will be paying 15% on one of its borrowing lines...

On a pre-tax basis, PennyMac’s production segment generated $39.4 million in income in the fourth quarter, up 56.3% from the previous quarter.

The impairment rate on securitized non-QMs increased by more than 100 basis points between August and December.

FHA’s share of the primary mortgage insurance purchase business grew from 25.7% in 2022 to 32.1%.

United Wholesale Mortgage is offering a 100-basis-point pricing incentive for conventional rate/term refis.

A close reading of the Federal Open Market Committee’s statement Wednesday suggests that the Fed’s next move will likely be a cut, according to the MBA.