It’s been no secret in Washington financial circles that shortly after Donald Trump was elected president, the decision was made by his “team” to fire CFPB director Richard Cordray...

Cordray, of course, could just nip this in the bud right now, resign and start his run for governor of Ohio…

According to his financial disclosure form, Mnuchin lists the value of his Advantage stake at $500,001 to $1 million.

Some industry executives have been predicting a correction in mortgage hiring in the coming months, with large layoffs anticipated at shops that have focused too strongly on refinancings.

As gain-on-sale margins decline, MSR marks will rise...

Patel also will serve as a member of the lender's executive management team.

One big positive for lenders: the mortgage industry could see a reduction in new rule-making from HUD and perhaps a reversal of certain regulations promulgated during the Obama administration.

Mortgage insurance stocks aren't have a good day. Blame the FHA MIP cut?

With rates falling again, lenders may be rethinking any planned layoffs...

The seller of the MSRs is a large nonbank based in the Midwest...