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Job numbers for brokers have held up better than lenders, but both segments will be challenged by broader employment strength that makes rate cuts less likely.

Industry stakeholders predict the bombshell allegations around how United Wholesale Mortgage does business will impact customer sentiment and could lead to more regulatory oversight.

Federal Deposit Insurance Corp. Chair Martin Gruenberg said the agency would prioritize urging banks to invest in underserved communities as part of a revised economic inclusion plan unveiled Thursday.

Loan documentation deficiencies are a sign of sloppiness in mortgage lender practices, Aces Quality Management said.

After gaining access to On Q systems via vendor software, unknown parties were able to obtain and remove client personal information, including Social Security numbers.

The Department of Housing and Urban Development agency warned in an online notice that issuers with prepayments exceeding certain limits could face sanctions.

Rates for the 30-year fixed mortgage rose just 3 basis points this week, even as the 10-year Treasury yield hit its highest point since November.

The rate at which taxes on single-family homes increased was nearly twice that seen the previous year and the largest jump in the last five, according to Attom.

A hedge fund-backed newsroom accused the industry giant of overcharging borrowers by hundreds of millions of dollars through "corrupt UWM loyalist" brokers.

If Ocwen shareholders approve, the parent company will first change names in June, followed by PHH and Liberty Reverse at a later date.