The $161.2 million in net income was nowhere near enough to wipe out the $839.3 million loss the REIT took in the previous quarter.

The 25 largest GSE servicers handled 73.7% of the servicing volume as of the end of June, up from a 72.9% share at the end of March.

Income at Mr. Cooper jumped from $37 million in the first quarter to $142 million.

Complaints declined by nearly 30% compared with the first quarter.

A DOJ official suggests that more redlining cases are coming...

The average house price increased by 0.7% on a monthly basis in May...

When in doubt, sell MSRs: UWM transferred $66.1 billion of product in 2Q23...

Ginnie Mae's single-family outstanding was up 2.2% in the second quarter while the GSEs posted a 0.3% increase in servicing compared with the end of March..

McGlinchey Stafford attorney Jim Sandy said in an interview with Inside the CFPB that potential defenses against enforcement actions and private litigation have begun to emerge.

Banks have enough capital, according to Brian Moynihan, chair and CEO of Bank of America.