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In a series of tense exchanges, Republicans accused Consumer Financial Protection Bureau Director Rohit Chopra of making rules through press releases.

Jan Davis has been named acting president of the technology standards organization as the Mortgage Bankers Association conducts a search for a permanent replacement.

The uptick in the 60-day-plus metric could reverse the bulk of the decline that occurred between 2019 and 2021.

Average loan amounts also increased, with mean purchase sizes crossing back above the $400,000 mark.

The FHFA should focus on the facts as it ponders the future of the Federal Home Loan Bank System.

And having a paperless process was an important reason for many in picking their originator, the National Survey of Mortgage Originations found.

The Lansing, Michigan-based firm was awarded the contract this spring and takes over from Novad Management Consulting, which had previously serviced government-held HECMs since 2014.

Raising the threshold for qualification for Home Ready and Home Possible, which additionally offer price breaks to lenders, could do more to make homeownership more equitable, the Mortgage Bankers Association wrote in a letter to the Federal Housing Finance Agency.

New data offered the strongest evidence yet that price pressures have peaked.

Proceeds from the sales, which might not be the last, will pay down a personal loan secured by Nima Ghamsari's holdings.

The tool, which includes overlays for industry metrics like delinquencies, could be helpful to policymakers trying to size up the cost of natural disasters affecting properties.

The laws dictating advance notice of mass terminations include various exemptions for employers and suggest employees seek any recourse through legal action.

Nonbanks would have to inform the CFPB of any state or local court decisions against them involving consumer financial products, under a new proposed rule. That information would be pooled with data about federal violations and be made available to the public.

Concrete prices have surged 10.7% in 2022, but the cost of once-volatile softwood lumber has moderated greatly since the summer, according to the National Association of Home Builders.

Borrowers' affordability concerns drove activity lower than normal seasonality in November would indicate, Black Knight said.

The cut occurred across departments and included the dismissal of the company's head of mortgage.

A special-purpose acquisition company is merging with a bank as its affiliated startup still lacks its own national bank charter.

The charge carries a total of 30 counts, including two Class C felonies and a maximum sentence under the top charge of 15 years in prison.

Housing finance is in the midst of a cyclical transition in which every penny counts and technologies that offer efficiencies look attractive, but work must be done before this automation can bear fruit. What does it take to make meaningful operational changes today?

One of the biggest U.S. homebuilders is offering to sell thousands of homes to rental landlords at a time when sales to everyday buyers have slumped.