Mortgages

The single-director structure of the Consumer Financial Protection Bureau represents an unconstitutional concentration of executive power, a federal appeals court said Tuesday. But the court stopped short of disbanding the agency, instead giving the president more power to remove its leader.

First American Financial Corp. has acquired post-closing services and document management technology provider TD Service Financial Corp.

Fannie Mae plans to sell a pool of 3,600 loans with $806 million in unpaid principal balance.

National reverse mortgage originator Longbridge Financial has received investments from Ellington Financial and Home Point Capital.

Companies in the path of the storm have battened down the hatches, as others have prepared for the impact the hurricane could have on home sales and loan servicing in the weeks to come.

It's been a tough year for farmers, and lenders are looking for ways to help those borrowers offset sagging income.

Cybersecurity precautions often focus on preventing a data breach. But what if those precautions aren't enough? Here's a look at steps lenders and servicers can take now to prepare their response in the event of a catastrophic data breach.

Nonbank lenders and brokers added 900 employees to their payrolls in August as home sales slowed.

The housing industry has staunchly defended the mortgage interest tax deduction as an essential tool for promoting homeownership. But attitudes are softening, as data show the low- and moderate-income homebuyers who need the subsidy the most are getting the least benefit.

Interest rates fell in August to the lowest level recorded all year for millennials, which could mean expanded buying power for this segment, according to Ellie Mae.

Consumers were less inclined to buy a home in September, thanks to concerns about interest rates, home prices and the political environment.

Mortgage industry hiring and new job appointments for the week ending Oct. 7.

Automated underwriting and compliance services provider LoanScorecard has released a new product and pricing engine for portfolio lenders and originators.

A former top regulator of Fannie Mae and Freddie Mac wants to abandon the development of the common securitization platform and use the existing Ginnie Mae platform to issue government-guaranteed mortgage-backed securities.

Talk show hosts have had a field day with the Wells Fargo phony-accounts scandal, underscoring just how much it has hurt the bank's reputation.

Xerox Mortgage Services will change its name as it becomes a part of Conduent, the company that will incorporate Xerox's business process outsourcing division.

The 1.35% delinquency rate was the lowest since at least 2001, and it marked nearly four years of delinquencies below the 15-year average of 2.21%.

With the myriad home price indices available to the mortgage industry, it's difficult to determine which offers the most cost-effective insights about a particular market. Granularity is a key selling point, but not a one-size-fits-all solution.

The bank's fake account scandal is further reason to make the results of Wells' 2012 Community Reinvestment Act exam public.

Conforming mortgage rates were unchanged this week even as the 10-year Treasury's yield rose in response to the European Central Bank's decision to slow its bond purchase program, according to Freddie Mac.