The agency acknowledged that loan performance in the sector has been strong, but cited several reasons to think that might change, including rising interest rates, the effects of inflation and uncertainty about the future of work and commerce.

Even though delinquency rates were previously at extremely low levels, the recent uptick among poorer consumers is worth monitoring, New York Fed researchers said.

The San Francisco megabank plans to reinstate guidance that drew scrutiny following revelations that women and nonwhite candidates were interviewed for jobs that had been reserved for someone else.

LendingTree participants made 11 fixed-rate mortgage offers for every one ARM in the first half of 2022. Last year it was a 41-to-1 ratio.

In exclusive new research, lender representatives reported an overall strong relationship with technology compared to bankers, insurers and wealth managers.

Emerging mortgage bankers can achieve a competitive advantage against big-box lenders by prioritizing a digital-forward mortgage business, writes the CEO of Click N' Close.

Historical statistics examined by Standard & Poor’s suggest the two servicing trends, which widespread use of forbearance intensified and highlighted in the past two years, may have some staying power.

Increased purchases among property investors and build-to-rent buyers is just part of what's driving competition these days.

In a market dominated by sky-high home prices, sellers looking to take the path of least resistance may be overlooking DPA borrowers.

Relatively cheap housing in smaller cities and towns is rising as remote work allows flexibility for where Americans can live.

Like other mortgage lenders, the San Francisco megabank has been cutting staff since refinancing volumes started to fall. Additional layoffs are expected over the next couple of quarters, according to the bank’s chief financial officer.

Wells Fargo CEO Charlie Scharf hired Mike Weinbach in 2020 as part of a broader organizational shake-up. The former JPMorgan Chase executive is leaving in mid-September as the consumer lending group transitions to a new leader.

By leveraging establishing relationships and engaging stakeholders, mortgage companies can play a part in alleviating the home availability and affordability strain, writes the president and CEO of the Federal Home Loan Bank of San Francisco.

The bank began trimming its payroll after a dismal first-quarter origination performance. It will announce second-quarter results next week.

The use of rent data in credit models is allowing people with low credit scores or thin credit files to get loans. But consumer advocates warn the use of that data could harm the very people it’s supposed to help. 

The potential expansion of credit scoring models and the handling of post-foreclosure sales are just some of the issues at hand.