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The president’s executive action looks to assess the impact of the previous administration's alterations to the Affirmatively Furthering Fair Housing and Disparate Impact rules, while reinforcing Biden’s vow to eliminate discriminatory lending practices.

While it is looking for a higher price per share, the company will be selling fewer shares on its own behalf.

Black Knight’s product is designed to assist mortgage lenders in performing due diligence while also preventing heightened risk of foreclosure losses.

Janet Yellen was confirmed by the U.S. Senate as the country's 78th Treasury secretary and the first woman to hold the job, putting her in charge of overseeing an economy that continues to be hobbled by the coronavirus pandemic.

Investor concerns about a 25 basis point reduction taking business from private insurers might be overblown, but a 50 bp cut could affect an additional 10%-15% of the low down payment market, KBW said.

The subsidiary of New Residential Investment produced nearly $400 million in non-QM volume in the first quarter of 2020 before putting a hold on the product offering in March.

The Financial Stability Oversight Council could determine that a broad range of mortgage companies should be subject to “heightened prudential standards,” said Andrew Olmem, a partner at Mayer Brown and a former senior economic adviser to the White House.

The move is in line with expectations that the Federal Housing Administration would extend more consumer relief amid the transition in Washington to Democratic leadership.

The auto finance company, which had stumbled in forays into the credit card business, is now seeing rapid growth in mortgage and unsecured consumer lending.

The former president and CEO of GE Capital’s restructuring and strategic ventures group was named executive vice president and chief risk officer soon after the departure of Fannie EVP Andrew Bon Salle.

Sales of previously owned homes increased unexpectedly in December, capping the best year for the housing market since 2006 as historically low mortgage rates helped power demand.

Plus, 4Q earnings show strong mortgage volumes, growth forecasted for jumbo loan market and more.

Appointee Jenn Jones spent the last four years as the chief of policy and membership at the National Community Reinvestment Coalition, an organization fighting housing and lending discrimination.

Despite that decline, the company notched its second-best quarterly earnings ever over that period.

The investments, part of a post-merger effort to wring out more profits, include new commercial and mortgage lending platforms.

Dave Uejio, who served as chief of staff to ex-Director Richard Cordray, was named by the Biden administration to lead the Consumer Financial Protection Bureau until the Senate confirms Rohit Chopra for the permanent job.

After last week’s spike, mortgage rates dropped back to near historic lows, as broader worries about the pandemic and the economy came back to the fore for investors.

What if mortgage lenders could earn borrowers’ confidence and affection even earlier, so that they would turn to them repeatedly for other loans, including that initial mortgage, CampusDoor CEO Steve Winnie asks.

The administration faces a slew of immediate financial policy tasks, such as passing a new round of small-business aid, charting a course for Fannie Mae and Freddie Mac and filling vacant agency leadership posts.

The Department of Housing and Urban Development bulletin waives “non-citizens” language in the FHA’s handbook, which one Trump administration official had claimed made DACA recipients ineligible for FHA loans.