Republicans introduce CFPB commission bill; small-entity compliance guide updated; NYDFS to collect and publish diversity data; Sen. Pat Toomey seeks staffing details from Leandra English; New Mexico Supreme Court adopts new rules to prevent foreclosures; borrower satisfaction with servicers up.

While many mortgage servicers handled high forbearance call volume while keeping callers on hold for as little as three minutes, some entities took as long as 26 minutes to connect borrowers to help.

The agency noted, “A few servicers were outliers, reporting relatively higher average time to answer and abandonment rates.”

All-cash purchases of homes are higher than they have been since 2014 but many lenders say the cash market isn’t having much of an impact on them.

What's taking UWM so long to provide an earnings release date?

The commercial MBS delinquency rate continued its downward movement for the 13th month in a row. Nearly all sectors of the market showed improvements on a monthly basis in July. 

One of the biggest regulatory fears of nonbanks? Answer: being subject to CRA laws. New York is turning into a battleground state.

The proposed legislation has passed both chambers of the New York Assembly and awaits the governor’s consideration.

On the origination side of the ledger, issues with loan applications decreased 7.0% to 1,613...

Tuesday marked a new 52-week low for loanDepot's share price...