Dan Gilbert will retain majority control of Quicken Loans after an IPO involving the lender, which turned a nearly $900 million profit last year.

The Supreme Court upheld a law banning cellphone robocalls, striking down a debt-related exception created by Congress in 2015...

However, homeowners have shown little interest in accessing the available equity through cash-outs.

The bulk of non-QM originations come through mortgage brokers and the retail channel.

Finance of America Mortgage funded roughly $5.19 billion in the second quarter, a $1 billion sequential improvement. Other lenders also posted gains.

The average interest rate on 30-year fixed-rate mortgages could fall below 3.00% later this year, according to Freddie Mac's chief economist.

Loan brokers, on the other hand, added 1,100 full-timers in May, bringing their employment count to 93,700. Over the past 12 months, brokerage firms have added 8,500 workers.

Finance of America sees an opportunity in mortgage servicing rights...

Refinance activity continued to drive Fannie/Freddie MBS issuance, but purchase-mortgage activity has still not caught fire...

n the first quarter, the top three HECM originators (American Advisors Group, Reverse Mortgage Funding and Finance of America Mortgage) accounted for $1.04 billion, or 26.8%, of total production…