Wade takes the helm of the government’s mortgage insurer at a tumultuous time: FHA production is strong but the COVID-19-related forbearance rate on such loans are beginning to inch up as the employment picture worsens.

Higher mortgage rates in six months? No one sees it...

One mortgage CEO suggested LOs might spend their hard earned money on a new Tesla or maybe a beach house...

One CEO, whose company continues to sponsor AIME, said he found Casa’s behavior offense but told Inside Mortgage Finance his company will continue to support the organization. “I think that eventually Anthony will be back,” he said in an interview Friday morning, “but I hope he takes this time to reevaluate and improve himself.”

Loan brokers, on the other hand, added 1,100 full-timers in May, bringing their employment count to 93,700. Over the past 12 months, brokerage firms have added 8,500 workers.

Finance of America sees an opportunity in mortgage servicing rights...

“The agency may therefore continue to operate, but its director, in light of our decision, must be removable by the president at will,” according to the majority opinion, written by Chief Justice John Roberts.

MBA hopes to return to large in-person conferences next year.

Among the charges: McCord bounced checks to more than sixty taxing authorities and borrowers missed making their real estate tax payments...