Subservicing behemoth Cenlar has caught the attention of the OCC, which slapped the loan processor with a consent order because of its risk management shortcomings. On the menu: corrective actions.

As the refi boom begins to wane, nonbank mortgage giant Mr. Cooper is paring certain business lines. Should other lenders follow suit?

Loan officers continue to benefit from strong refis and purchases, but compensation is coming under pressure. Meanwhile, the need for processors is not abating, according to LBA Ware.

Mortgage insurer PMI of Arizona has put itself on the auction block. Who? And therein lies a story...

The mortgage technology vendor hasn’t been profitable since its inception in 2012 and is forecasting losses going forward.

Not racial bias, but geographical incompetence is the reason appraisers mar home valuations, according to agents interviewed by IMF.

Besides overseeing HUD and keeping tabs on FHA and Ginnie Mae, Marcia Fudge has a new task: managing the White House’s latest initiative on appraisal inequities.

The number of boarded-up, empty houses and buildings, or so-called zombie properties, in some stage of foreclosure jumped 21% this quarter, according to data vendor ATTOM.

It’s not every day the warehouse lending arena snags a new entrant, but Signature Bank is sitting on a ton of cash in search of a home.

Blend, a behind-the-scenes player in mortgage finance, hopes to go public. Will the market greet it with open arms or indifference?