A few years back, loanDepot was contemplating going public and even issued an S-1 with the SEC. The deal fell apart because the lender was displeased with the valuation calculated by its underwriters. But thanks to the Trump trade wars, a slowing world economy and more, rates are falling and originations are looking up. Perhaps, the mortgage IPO window is starting to open again?

In a similar move, FHA is developing a modern, single-technology platform suitable to the emerging digital and paperless mortgage environment. The system will provide lenders with a single port to conduct business from applications to claims, including the ability to track requests throughout the life cycle of the loan, said FHA Commissioner Brian Montgomery.

Better.com’s other major backer is Citigroup. Better recently hired industry veteran William Buell to head the nonbank’s B2B platform. Buell has a deep resume, including stints at Bank of America, JPMorgan Chase and FirstKey…

Industry trade groups are not happy with the regulatory language, believing it could prevent much needed reminders to mortgagors in trouble…

Among the top three Ginnie Mae servicers at March 31, just three were banks: Wells Fargo, U.S. Bank and JPMorgan Chase. Among those ranked 11 to 20 four are depositories, including one credit union...

If Democratic-appointee Richard Cordray was still in charge at the CFPB would the Freedom Mortgage fine be larger?

The CFPB said the practice was not limited to a specific location, loan officer or time period...

Freddie CEO Don Layton: "People tell me, ‘Well, let’s have a common AUS that everyone can use.’ My only data point on that is that to have a common system on the backend for the security (UMBS) took seven years and $2 billion to build…”