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"We are not selling and giving up what we have worked 27 plus years to build," founder Steve Jacobson wrote.

While great progress has been made towards the goal of reducing capacity by 30%, job reductions should continue for several more quarters.

The government-related loan buyer also is looking into whether there are ways to offer options other than buybacks in some instances, said Senior Vice President Sonu Mittal, head of single-family acquisitions.

An analysis of previously released S&P data suggests the Federal Housing Finance Agency's initiative would have mixed impacts on the price of loans and eligibility that vary by individual.

While the complaint over an alleged improper firing also paints two C-suite leaders in a negative light, company representatives described the allegations as baseless.

The top five cities in the ranking have an average total score of 64.5 out of 100.

When loan officers have a broad, problem-solving focus — bolstered by diverse services, technologies and consistent attention to detail — their pipelines grow, writes the president of Incenter Lender Services.

The change, even if temporary, could help to reduce spreads to Treasurys and bring down rates, the Community Home Lenders of America, the Independent Community Bankers of America and the National Association of Realtors argue.

Analysts say major single-day declines are historically attractive entry points for builders. Homebuilding stocks have only seen 55 instances of single-day declines of more than 5% since the global financial crisis, according to the firm. 

Property owners willing to restrict rental income will qualify for the terms of this new product originated by Delegated Underwriting and Servicing mortgage bankers.