On Thursday Wells said it’s raising its reserves, noting that the SEC has been added to the list of federal agencies investigating its sales practices.

At the recent annual convention of the Mortgage Bankers Association, trade group chief Dave Stevens said originators are being discouraged from lending to some first-time homebuyers.

The CFPB also found that some banks used employees from a staffing agency who were not properly registered or licensed...

Are nonbanks 'shadow' institutions, and if so, is that a bad thing?

Nationstar Mortgage will service 87.4 percent of the mortgages with Cenlar handling the other loans.

“The opportunity for this group to qualify for mortgage loans is growing,” said Experian.

Ocwen funded $1.2 billion in “forward” mortgages and an additional $213 million of reverse loans. In 2Q16 it funded $1.32 billion.

Ocwen had an average of 7,484 employees in the third quarter of 2016, down 12.3 percent from 3Q15...

Ocwen, which in the past has been sanctioned by regulators for some of it servicing practices, also disclosed $10.0 million of additional reserves for a potential California regulatory settlement and $7.0 million of incremental reserves for a previously disclosed letter dating issue.

Pairing real estate agents with loan brokers? RESPA attorneys start your engines...