The Supreme Court based its decision on the wording of the FDCPA and the legislative history of the statute.

President Trump is concerned about the HECM program...

“For each administrative reform, the Treasury housing reform plan shall include a timeline for implementation,” Trump writes.

Although Frater will lead Fannie, which earned $16 billion in 2018, his salary will be capped at $600,000 per year...

Thanks to its bankruptcy filing, Ditech’s future as a subservicer is in doubt…

Bank of America reported $1.04 billion in mortgage repurchases last year, or 45.3% of the industry’s total.

Georgetown Law Professor Adam Levitin: “I am deeply concerned about the basic direction of the chairman’s housing-finance reform proposal outline..."

Added MBA’s Walsh: “On the servicing side of the business, mortgage servicing impairments resulting from December’s drop in interest rates hurt profitability.”

Usually, mortgage banking is a counter-cyclical business, but not always...

Two nonbanks that have been steady earners reported significant losses during the fourth quarter…