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The number of loans going into coronavirus-related forbearance fell for the fourth consecutive week, as the growth rate plummeted 21 basis points between June 29 and July 5, according to the Mortgage Bankers Association.

The amount far surpassed that of any other servicer required to purchase Ginnie Mae-backed loans that were 90 days past due.

B. Riley FBR raised its ratings for both Fannie Mae and Freddie Mac to sell from neutral on the possibility the net worth sweep is declared illegal.

The existing framework should not be revised until a consensus has been achieved among stakeholders, including civil rights experts, according to Quicken.

Policymakers have eased some rules and the Supreme Court recently dealt a blow to the Consumer Financial Protection Bureau. But as the landmark legislation approaches its 10th anniversary, the post-crisis regulatory regime has stayed largely intact.

However, those who aren't current bank customers need to have $1 million in a qualifying account.

A more than $5 billion offering going up for bid is one of the first large transactions seen since the coronavirus complicated trading.

A significant number of plans that expired at the end of June were not renewed, Black Knight said.

Congress should act in the next relief bill to provide the additional resources needed to build more affordable housing.

A subprime-related settlement between the government and Deutsche Bank provided meaningful benefits to some U.S. consumers in need, according to a new report. But the author acknowledged that those gains could prove illusory for some consumers given the coronavirus crisis.

San Diego home prices will decrease 1.3% in the next 12 months, much less than other parts of the nation.

Nationwide lockdowns forced banks to close brick and mortar outlets and rely heavily on drive up windows, mobile and online access. BBVA has proven that even in the middle of crisis and chaos, retail still fits into the banks overall strategy.

Fercho will join Wells Fargo in August and report to Mike Weinbach, the bank's CEO of consumer lending.

Nearly a decade of growth in home prices in the Sarasota-Manatee, Fla., region could be coming to an end.

Property owners are taking a wait-and-see approach, possibly because of economic uncertainty.

The high court ruled June 29 that the structure of the Consumer Financial Protection Bureau violated the separation of powers.

The current refinancing boom might seem like the worst time to buy leads, but for some, it may be the best.

As the coronavirus created uncertainty for the housing market, underwriting standards tightened further in June.

Mortgage rates continued their slide, with the conforming 30-year fixed at its closest point ever to breaching the 3% mark, according to Freddie Mac.

The lending giant's filing reveals what the company's internal structure will look like going forward.