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Details regarding the settlement are sparse, but will be finalized by Sept. 30, 2024, documents show.

Net income climbed more than 11% from the first quarter, even as banks set aside more money for possible bad credit and wrestled with deteriorating office markets.

She spoke hours after a private payroll survey showed U.S. companies added the fewest jobs since the start of 2021 in August.

The 10-year Treasury yield was down by 10 basis points from a week ago, but Freddie Mac reported no movement in mortgage rates while other sources found that they were down by 7 basis points.

Cybersecurity incidents at vendors often expose their business partners to significant risk. What are the threats lenders face, and how can they strengthen their defenses?

The top five mortgage originators had an average of 162,666 originations last year according to Home Mortgage Disclosure Act data.

With Tidalwave receiving its first approvals for integrations with automated underwriting systems, its CEO explains why the current environment represents a good opportunity for a new mortgage startup.

Flagstar Bank sued Hometown Lenders for $21 million in 2023, after the lender defaulted on a $60 million warehouse line.

Ginnie Mae had tried to slow the pace of Texas Capital Bank's case and move it to a different court but the judge rejected its legal arguments for doing so.

But the purchase business that brings in three times the fee size as refinancings will be the driver of the improvement for the publicly traded title underwriters.