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Borrowers condemned the company's disclosures, which came six months after the incident and omitted details about the hack and subsequent investigation.

Also, Xactus, iEmergent add to their C-suites, Planet Home grows its team and Longbridge Financial finds a chief operating officer.

Agencies supervising lenders should make it clear that the transition to less discriminatory algorithms won’t be used to punish banks for their previous use of older, less effective systems.

The transaction adds 11 branches in Virginia, Florida, North Carolina and Texas to AnnieMac's nationwide 60-plus office network.

Although the Federal Housing Finance Agency did move ahead with a controversial upfront charge aimed at covering commingled securities risk, it also committed to exploring alternatives that would address concerns from trade groups.

Recession fears and rising mortgage rates are cutting buyer confidence. Even as sales have been falling, sellers have only just started adjusting expectations.

The lawsuit that takes aim at the lender’s leadership including CEO Aaron Samples was filed one day before a mass layoff and a week before its bankruptcy filing.

As an industry, we often fail to recognize Retention mortgage loan originators for their unique skill sets, flexible attitudes, ability to close loans with minimal support staff and their value to investors seeking to monetize assets, writes Planet Home Lending’s VP of retention.

One of the secondary market alternatives the Federal Home Loan Banks of Chicago and Indianapolis offer has a new servicing partnership with PHH, and interest in further cultivating their community lending potential is growing.

While those born between 1946 and 1964 have largely chosen to age in place, their eventual home downsizing or passing is not likely to result in a large burst of inventory entering the market, according to a report from the MBA's Research Institute for Housing America.