Mortgage market participants are adjusting following the rate cut by the Federal Reserve.

Loan applications are increasing as mortgage interest rates decline.

Growth in first-lien holdings occurred outside of the top three banks, which all shrank their portfolios in the second quarter.

Besides being an active home lender and originator, NexBank is the nation’s 13^th largest warehouse provider.

Among other changes, the draft ML proposes extending the required time, from five to 15 days, for servicers to record a partial claim security instrument.

Buying a home is “roughly affordable again at the national level,” according to Zillow.

Income from mortgage production increased in the second quarter as servicing income declined.

A new requirement to extend language access for home borrowers within the CFPB's proposal to update Regulation X's mortgage servicing requirements will actually do the opposite, according to a joint comment letter submitted on the proposal.

Among a group of 20 prominent nonprime servicers, portfolios increased by 0.6% in the second quarter.

The Loan Store acquired Homepoint Financial’s wholesale lending operations last year.