American Bankers Association Senior Counsel Kathleen Ryan said that the statement's examples of abusive conduct were based on “unproved and untested allegations in enforcement actions,” not on caselaw.

Several top lenders have outsourced originations of home equity lines of credit to Figure.

If mortgage providers struggle to meet covenant terms, warehouse banks advise early and honest communication before any violations occur.

An affiliate of Lone Star Funds is set to issue an expanded-credit MBS.

Fannie and Freddie will not buy condo loans in projects with unfunded repairs in excess of $10,000 per unit.

The correspondent channel captured 49.1% of originations in the first quarter, up from a 47.3% share in the previous quarter.

When interest rates on mortgages rise, young and middle-income consumers fall away from the mortgage market, according to a working paper from FHFA.

Interest rates on mortgages reached their highest level of the year (thus far).

The denial rate on applications for jumbo mortgages was 11.9% in 2022.

Fitch Ratings warned that nonbank mortgage companies could face issues if weaknesses involving MSRs emerge.