PennyMac released financial results for July and August as it presents for the Barclays Global Financial Services Conference.

Brendan Kelleher of MBA said one challenge in underwriting BNPL loans is their inconsistent visibility in borrower credit profiles.

Nonconforming products accounted for 21.2% of first-lien originations in the second quarter, according to a new analysis by Inside Mortgage Finance.

There's no timeframe yet for potential adjustments to the ATR rule.

UWM contributed to three non-agency MBS that started marketing Thursday.

A slight rise in the unemployment rate in August helped to reinforce expectations that the Fed will cut the federal funds rate this month.

First Interstate Bank posted the largest loss in the second quarter, spilling $5.5 million of red ink.

VantageScore and FICO offer competing research claiming that their respective scores are better.

Stephen Miran, President Trump’s nominee to fill a vacant governor position at the Federal Reserve, said he intends to preserve the Fed’s independence if confirmed for the position.

Only two of the 11 regional banks saw a sequential increase in profits in the second quarter.