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The prime jumbo RMBS transaction is collateralized by 402 residential mortgage loans.

The conviction of a fraud ring mastermind highlights growing risks in home equity lines of credit as equity-rich borrowers become prime targets.

The Senate version makes permanent the mortgage interest and mortgage insurance premium reductions, removes the revenge tax but also cuts CFPB funding.

Policymakers technically closed the relief program in May because of concerns it was too costly, but it does have a soft phaseout for grandfathered trial mods.

The firm is incentivizing the cross-selling of its services by offering a lower interest rate for one year for borrowers who finance via Rocket Mortgage retail LOs and use a Redfin agent.

Federal Reserve Chair Jerome Powell was noncommittal about cutting interest rates at the central bank's next monetary policy meeting in July, saying future actions will depend on incoming data. His comments come as President Trump ramps up his criticism of the Fed chair.

HUD Secretary Scott Turner issued five mortgagee letters pulling back on 12 Federal Housing Administration policies that drive up the cost for homebuyers.

Bill Pulte, regulator and conservator of entities that buy and securitize many mortgages, also reaffirmed he's 'not happy with" lenders' main score provider.

In some California markets, a household would need a six-figure raise to afford monthly payments on a typical home, new Zillow research found.

The former management and program analyst, working three jobs, submitted time sheets showing over 24 hours of work per day, prosecutors said.