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The Consumer Financial Protection Bureau is more than a year away from issuing a proposal on consumers’ right to control the flow of their data between banks and third parties such as fintechs, according to people familiar with the bureau’s thinking. Many previously expected a plan to arrive this spring.

The portfolio of MSRs from three types of government-related loans has a particularly large California concentration, and could be sold on a component basis, according to the Mortgage Industry Advisory Corp.

The ruling overturns a summary judgment in a class action lawsuit filed by refinance customers between 2004 and 2009 in West Virginia over alleged inflated property values.

But the online real estate company is eliminating nearly half of the positions in its existing mortgage business as a result of the deal.

Increasing rates contributed to a sluggish pace for refinances, but the purchase market showed sustained strength.

The Federal Housing Administration has released a statement indicating it’s reviewing allegations by a group of 21 attorneys general that some mortgage companies failed to offer a modification option as required.

The compliance software provider plans to use this funding to add staff and drive customer acquisition.

December was the fifth month out of the last six in which credit conditions loosened, the Mortgage Bankers Association reported.

The second year of the pandemic unleashed unprecedented exogenous challenges for financial companies heading into 2022. What core trends will shape the industry moving forward?

Housing market participants are evenly split on whether rising prices will keep buyers out of the market or draw more sellers in, Zillow said.

The Homeowner Assistance Fund was included in the American Rescue Plan Act passed last March and is intended to provide almost $10 billion in aid to homeowners.

The Change Company, a lender to Black, Hispanic and low-income borrowers, was set to merge with the former quarterback’s blank-check company. Steven Sugarman, a onetime Banc of California chief, says his company is now in talks with other investors and inviting banks to use a new digital marketplace for its loans.

The change reflects a growing focus on an emerging banker segment that sells loans to the company on a non-delegated basis and includes a greater focus on servicing retention.

Attacks directed at mobile usage are helping drive the increase, with almost 30% of related expenses coming through the channel.

Deals by investors — including a smaller portion of flippers — helped push up prices more than 20% on average, squeezing out normal buyers, according to an analysis by Mark Zandi, chief economist for Moody’s Analytics.

December's activity was down 18% from November, led by a 23% drop in purchase volume and a 17% decline in rate-and-term refinancings, Black Knight said.

Bob Walters' decades of experience with the brand offers stability as it fights to remain at the forefront amongst its competitors in mortgage and related businesses.

The loans in the portfolio on offer have nearly 11 months of seasoning, indicating they were amassed during a loan production boom that has contributed to higher average servicing deal sizes.

Nearly half of likely buyers said they feel more urgency to act if the 30-year FRM reached 3.5%, a Redfin survey found.

The tech industry’s attempts to simplify the process of selling a house depend on flipping properties to some of the biggest names in global finance.