Bottom line: These smaller shops will need to make additional capital investments to effectively compete against larger seller/servicers.

At press time, mortgage stocks were mixed (up or down slightly), with the exception of Fannie Mae and Freddie Mac. Both were up about 5%...

Although the smart money is on a late May or early June decision in the GSE case, some observers believe the court could rule earlier than that —  in fact, the decision may be imminent.

The culprit: a downturn in purchase-mortgage activity...

In 2017, the Inspector General found 57 instances, over a five-year period, of violations of the COI policy in place at the time. The wrongdoers: senior executive officers...

The coalition includes the American Bankers Association, the Mortgage Bankers Association and the Center for Responsible Lending...

FHFA says it always expected the fee to still be in place in December...

RAMS: “Large, medium, and small originators are all in the same boat looking for new outlets for this product.”

“Here’s what it means to you,” said the CEO. “You’re going to start seeing that second homes and investment homes might have loan-level price adjustments"...

The first quarter of 2021 still ranked as the second-highest quarterly volume for the two GSEs...