While the share of mortgages in forbearance declined at the end of January, more than one million borrowers feel they're at risk of foreclosure.

In a red hot hiring market, it appears that some lenders are being scammed by phony resumes...

Home Point planned to sell 12.5 million shares at as much as $21 per share but the nonbank lender ended up with a smaller IPO.

If conformed to run HUD, Marcia Fudge plans to discuss a reduction to FHA premiums with HUD staff then have further discussions with members of Congress.

As LBA Ware CEO Lori Brewer put it, “They were rewarded for their long hours with robust compensation checks.” However, with rates predicted to fall in 2021, loan teams will probably have to focus more on purchase loans, Brewer said.

A distant second was James Furash of AmeriHome with $13.2 million.

The FHFA IG highlighted the agency’s failure to ensure the boards of the two GSEs are notified after its Division of Enterprise Regulation has identified serious deficiencies in management. The OIG said this has been the state of affairs since at least 2016.

According to the S-1, the pay includes a base salary of $408,994 and a bonus of $42.5 million.

Uejio first started at the bureau in 2012. He has held several positions with the agency, including lead for talent acquisition.

According to figures compiled by the U.S. Bureau of Labor Statistics, loan brokerage firms now employ 109,800 full-timers...