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Although the Federal Housing Finance Agency did move ahead with a controversial upfront charge aimed at covering commingled securities risk, it also committed to exploring alternatives that would address concerns from trade groups.

Recession fears and rising mortgage rates are cutting buyer confidence. Even as sales have been falling, sellers have only just started adjusting expectations.

The lawsuit that takes aim at the lender’s leadership including CEO Aaron Samples was filed one day before a mass layoff and a week before its bankruptcy filing.

As an industry, we often fail to recognize Retention mortgage loan originators for their unique skill sets, flexible attitudes, ability to close loans with minimal support staff and their value to investors seeking to monetize assets, writes Planet Home Lending’s VP of retention.

One of the secondary market alternatives the Federal Home Loan Banks of Chicago and Indianapolis offer has a new servicing partnership with PHH, and interest in further cultivating their community lending potential is growing.

While those born between 1946 and 1964 have largely chosen to age in place, their eventual home downsizing or passing is not likely to result in a large burst of inventory entering the market, according to a report from the MBA's Research Institute for Housing America.

The 30-year average dropped for the first time in four weeks after surging more than 70 basis points earlier in the month.

The declaration comes less than a week after the firm laid off 471 workers, or over 75% of its staff, because of significant operating losses and cash flow challenges.

In a new interpretative rule filed Tuesday, the agency gave states a green light to expand on federal laws that protect consumers from unfair treatment by credit reporting agencies.

Most distressed borrowers who obtained adjustments to their payment amounts saved more than 20% in the first quarter, according to the Federal Housing Finance Agency.

Climate change is increasing the frequency of wildfires, hurricanes and severe winter storms; yet in areas most vulnerable to them, property value growth exceeds the national average, a new report finds.

The federal class action lawsuit is at least the third similar action within the industry over a cyberattack revelation.

Ashley D. Bell and Bernice A. King, respectively the CEO and advisory council chair of Ready Life, are teaming up to help folks with poor credit buy a home by using rent payment history for mortgage underwriting.

The move builds on the government-sponsored enterprise’s previous program that facilitated the collection of more rent payment records from tenants who work with its multifamily borrowers.

Overall mortgage volumes flattened last week, but average loan amounts, particularly for purchases, are shrinking according to the Mortgage Bankers Association.

The company blamed "unforeseen historical adverse market conditions" for the mass layoff and said an attempt to obtain funding ahead of the cut was unsuccessful.

The partnership, which is expected to ease lending for bank statement loans, comes as the non-QM sector runs into headwinds.

The package of Fannie Mae, Freddie Mac and Ginnie Mae MSRs has some unusual geographic concentrations and a nearly 2.63% delinquency rate, including foreclosures.

Rohit Chopra, the director of the Consumer Financial Protection Bureau, is laying the groundwork to potentially declare that Facebook and another Big Tech firms pose risks to consumers.

The newly revealed victims were affected by the previously disclosed cyberattack, which went undetected for 41 days between September and December.