The bank’s gain-on-sale margin from mortgage production declined slightly.

A week after the CFPB released proposed updates to Regulation X servicing standards, mortgage industry groups are seeking more comment time on the proposal.

The proposal, published by Andrew Davidson, seeks to create a platform where regulators, investors, mortgage servicers and more would share their own data and receive access to the broader pool of data, in an effort that could decrease costs and improve attempts to aggregate mortgage data.

Originations increased by 32.5% in the second quarter.

What’s surprised Dan Libby, a senior vice president at Mortgage Industry Advisory Corp., is that hedging inquiries from MSR owners have not come sooner.

With the new securitization, Rocket's non-agency issuance of closed-end second liens will hit $2.19 billion for the year.

The proposal has some positives and some negatives for servicers.

The proposal includes six defect areas through the servicing life cycle and remedies for each defect area.

The meeting will help the Treasury’s Federal Insurance Office as it considers policy options on title insurance.

The Mortgage Bankers Association applauded the Fed chair's comments revealing the plan.