The mortgage origination “correction” has arrived, with some shops pondering their options. As one dealmaker put it, “Many lenders will need to find a safe port in the storm.”

In years past, LendingTree’s Doug Lebda was one of the industry’s highest paid executives. In a few weeks we’ll get a look at his 2021 compensation package. Also, Ocwen’s chief received a nice raise last year.

In 2021, Ocwen earned $18.1 million on revenue of $1.05 billion...

It’s not just that rates have increased, it’s that it’s happened so rapidly over such a short period of time...

Ally Bank, an investor in Better,com, is expanding its presence in residential finance...

The New York-based Better.com had hoped to become a public company at yearend 2021 via a SPAC maneuver...

Blend: "The focus of the plan is on streamlining the company’s title operations as well as its general and administrative functions."

In the home equity department, BofA funded $2.04 billion compared to $1.70 billion in the fourth quarter.

loanDepot’s stock has a price-to-earnings ratio of just 3.85. Electric carmaker Tesla has a PE of 203.71. Which is riskier?

It was thought that once UWM made the move, several of its nonbank competitors would jump on the bandwagon...