The CFPB warned that companies that deploy the technology could fail to comply with consumer protection laws...

Production in the segment has been driven by three fluctuating macroeconomic forces: mortgage rates, inflation and housing prices.

At April 30, loan brokers employed 114,700 full timers.

Funding for the Department of Housing and Urban Development is expected to be remain static in 2024 compared to this year’s levels.

In certain areas, Chase is offering mortgage shoppers $200 to consider a mortgage from the bank.

The top three expanded-credit volume leaders in 1Q23: Citibank, U.S. Bank and Deephaven...

The purchase-mortgage share is growing as refinance business dwindles.

Vice President Kamala Harris announced the issuance of a joint rulemaking proposal on automated valuation model use in assessing transaction collateral, as well as several other coming developments in the appraisal space.

“MLOs don’t want to touch non-QM if they don’t have to,” said Aaron Samples, the former CEO of First Guaranty Mortgage.

The market has priced in the likelihood of another Fed rate hike...