Under the proposal, the CFPB will accept requests from third parties, such as trade associations or law firms, on behalf of unnamed financial entities.

Securitization of purchase loans rose 16.2% from July to August, including an 18.2% increase in VA loans. FHA still accounted for the biggest share of government-insured purchase loans, 53.0% last month.

When it comes to the VA mortgage process, the CFPB is trying to send a message on deceptive ads...

The nonbank mortgage giant also offered a 3Q gain-on-sale estimate of 405 basis points to 430 bps. In the second quarter, its GOS came to a mouth-watering 519 bps.

Lenders are minting money these days, servicers not so much...

The CFPB has assessed $1.8 million in fines on six VA lenders for sending deceptive ads...

Mr. Cooper plans to increase its staff by more than 50% this year, with many of the hires focused on mortgage originations.

LOs earned 59% more in the second quarter of 2020 compared to the same period a year ago, according to figures compiled by LBA Ware...

With four months still to go, 2020 already ranks as the second-highest year ever for Fannie/Freddie single-family business.

If the LLPA is passed to consumers as a charge at consummation, lenders will have to disclose the added cost as an “origination charge” on the loan estimate and closing disclosure.