Subject Root Tag

Most of the pool of 1,011 residential mortgages, 69.7%, are considered non-prime mortgages, primarily due to the documentation and styles of underwriting.

The agreement, if approved by a federal judge, would end litigation over two distinct cybersecurity incidents in 2021 which affected over 2 million customers.

The Consumer Financial Protection Bureau has seen a rapid drop in the effectiveness of its cybersecurity program, according to a new report from the Fed's Office of Inspector General.

Now that quantitative tightening is ending, the debate on who should be the MBS buyer of last resort, Fannie Mae and Freddie Mac, or the Fed, is taking hold

In her first public appearance since President Trump moved to fire her from the Federal Reserve Board of Governors, Fed Gov. Lisa Cook reiterated her commitment to bringing inflation under 2% and said that the labor market remains "solid."

Refinancing pushed mortgage originations higher as rates eased, and home equity lending kept growing, but rising delinquencies signal mounting borrower stress.

Financial literacy advocate John Hope Bryant has joined with a Los Angeles-based developer in an effort to raise up to $300 million from banks to preserve and construct low-income housing around the country.

AI is transforming legacy modernization efforts as Wells Fargo builds systems for agents to take on humanlike tasks and interact with one another.

Wall Street dealers expect Bessent to signal as soon as Wednesday, when his department releases a quarterly statement on debt sales, that issuance in the $30 trillion Treasury market will keep shifting in that direction.

A successful summer pilot led to wider rollout of a program, whereby Robinhood Gold subscribers will be able to find discounted rates and closing costs.

The new president, a 35-year industry veteran, explains the value every lender, vendor and regulator can get by participating in the standards organization.

Vic Lombardo, new head of mortgage services, has identified growth ideas and new revenue streams for Motto Mortgage and Wemlo, Remax CEO Erik Carlson said.

Three Federal Reserve officials said they did not support the US central bank's decision to cut interest rates this week, citing inflation that remains too high.

The acquisition complements existing lending channels at Carrington and also adds Reliance's full servicing portfolio to its platform, the company said.

Zillow Home Loans originated 57% more purchase mortgages versus the third quarter of 2024, with production and segment revenue growth beating estimates.

The head of the government-sponsored enterprise's oversight agency said the cuts were made to positions that weren't central to mortgages and new home sales.

Rocket Companies lost $124 million on a GAAP basis, but its management celebrated milestones regarding its Redfin and Mr. Cooper acquisitions.

Uncover how high-speed internet access drives property valuations, creates lending opportunities, and transforms mortgage markets nationwide.

The tech giant provided context around Flagstar and Pennymac's moves, as it reported more Encompass and MSP clients and greater mortgage income.

A commonly used standard for property and casualty insurance will offer a carve-out for generative AI liability starting in January. Startups like Testudo, Vouch and Armilla AI stand by to scoop up that business.