Income generated by the 11 FHLBanks increased by more than 20% on a quarterly basis in the second quarter while FHLBank advances outstanding declined.

While the lender has been losing money, officials at Better are optimistic that the capital infusion that accompanied its debut in the public market will lead to improved results.

The MBA warned that given the current market and regulatory pressures in the mortgage industry, the increased cost of compliance may force smaller firms to combine operations or exit the lending business.

Whether it's a mild recession or a soft landing, it won't make much difference to home sales, according to economists at Fannie.

Mortgage Bankers Association President and CEO Bob Broeksmit said the proposed capital requirements don't address the reasons banks failed earlier this year.

Waters called for various community benefits to be included in FTC approval of the merger, along with antitrust provisions and cooperation between the FTC and Financial Stability Oversight Council on oversight of the combined ICE entity.

The BETR stock is set to begin trading Thursday...

In the report published last month, the CFPB highlighted LO comp issues at lenders that brokered products they did not offer in-house.

Researchers found that the difference between the interest rates charged to Black borrowers and white borrowers narrowed significantly following BLM protests.

Visio-Beach Point Mortgage Trust is marketing a $191.6 million non-agency MBS.