Impac had hoped to resume lending again after a shutdown of two weeks. But that was then...

Layoffs? Don’t tell that to loanDepot. In a press statement earlier in the week, company founder and CEO Anthony Hsieh pledged to hire 3,000 employees by the end of 2020…

For certain residential mortgages, including refis, banks can delay obtaining an appraisal for up to 120 days after a loan closes.

Meanwhile, on Tuesday morning, S&P Global downgraded a handful of large nonbanks, including Mr. Cooper, Ocwen Financial, and Freedom Mortgage, which rank third, 13^th and 14^th, respectively among servicers, according to figures compiled by Inside Mortgage Finance...