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The company said the bond issue is the largest ever seen in this asset class and was boosted by rising home values.

The Lansing, Michigan-based company will handle the required functions on recently originated loans until they are sold in the secondary market.

An uptick in pandemic-related payment suspensions reflecting new or restarted plan activity previously occurred as the omicron variant spread, but activity has since subsided.

Pretax income in the servicing segment outpaced its loan production unit in the fourth quarter, as the company launches new branding initiatives.

In a rare move for traditional financial institutions, the Texas bank and a fintech partner will offer quotes to a subset of the bank's customers.

Employment numbers suggest that interest in home purchases is bearing up well despite some limits on consumer spending and normalization in the mortgage market after two banner years.

Zip codes with the biggest share of children under 18 saw faster increases in house prices about two-thirds of the time, a Zillow study found.

Using stimulus checks and money saved from lower spending were each cited by just under one-quarter of those looking to buy in the next 12 months, a Redfin survey found.

Congress waited too long to address the out-of-control housing market, leading to a crisis in 2008. Now, with home prices soaring and the government-sponsored enterprises' portfolios at record levels, lawmakers are in danger of repeating that mistake.

This regulatory development is both good news and bad news, depending upon where you happen to sit in the mortgage process.

The government-sponsored enterprise is following through on resolving some temporary policies put in place to address contingencies around the coronavirus while unwinding others.

The firm enters the flourishing investment space backed by the industry’s biggest player and offers consumers multiple paths toward homeownership.

But the company was able to increase the share of its top line that came from recurring income streams while minimizing the impact of more volatile transactional-based ones.

The White House's pick for vice chair for supervision, Sarah Bloom Raskin, took the brunt of criticism from Republicans on Thursday. But it seemed to do little to sow doubt among the Senate Banking Committee's moderate Democrats about Raskin or fellow nominees Lisa Cook and Philip Jefferson.

But the current lack of movement is likely only a temporary reprieve, according to Freddie Mac.

Zanin, a former GE Capital executive, became chief risk officer at the government-sponsored enterprise only one year ago.

Tech firm TerraZero has begun to help creators find and secure the finite land available in the decentralized virtual worlds. CEO Dan Reitzik answers a few of our burning questions about it.

If approved, the new loan would unlock $120 million in badly needed funds for the sprawling Bronx multifamily complex.

The Community Home Lenders Association sent a letter to the Consumer Financial Protection Bureau Director Rohit Chopra stating that smaller and mid-sized mortgage bankers should be governed on assets, volume size and the extent of state oversight.

The moves, which are part of a multiyear strategy, are meant to focus resources in areas where the Spanish banking giant can earn solid returns.