Saluda Grade has announced new funding for its HEI business and is set to issue a HELOC securitization.

The CFPB examined direct mail ads for reverse mortgages.

Chase originated all of the mortgages in its latest jumbo MBS.

Banking trade groups also called for a re-proposal or a new 120-day comment period.

Kroll Bond Rating Agency looked at about 220,000 loans to more than 300,000 borrowers to assess the impact of going from tri-merge credit scoring to bi-merge.

Demand for refis fell to a level seen at the beginning of the year...

Expanded-credit mortgages accounted for 2.5% of total first-lien originations in the second quarter.

The shift from a tri-merge credit report process to a bi-merge standard will take longer than initially planned.

The MBA generated a profit of $11.4 million for the fiscal year ending Sept. 30, 2022, up from $976,186 in income in FY 2021.

Among those hanging up their warehouse spurs: Comerica Bank, which has been in the business for several decades...