The lender contended that recent HUD guidance on appraisal reviews is contradictory to government mandates of appraiser independence.

Legislation to limit trigger lead activity was removed from “must-pass” defense spending legislation. Still, mortgage industry participants are confident Congress will pass the trigger leads ban as soon as next year.

About 40 million households are making consistent monthly rent payments that are equal to or greater than the average monthly mortgage payment, according to one estimate.

A spin-off of nonbank Newrez by Rithm Capital parent could happen in 2025. The missing ingredient: lower interest rates.

PennyMac looks to re-enter the jumbo MBS market after last issuing a deal in 2013.

Annaly believes its Onslow Bay unit can continue to grow following a record October for loan locks.

Dart Bank’s wholesale division launched a new jumbo product.

An Oregon-based distillery infused a mortgage business into its line of companies in a bid to diversify its profits.

Investors are having to get more creative to turn a profit, according to a new report from Redfin.

Changing market dynamics have impacted the types of investor loans offered by banks and nonbanks.