Hometown Lenders is in default on its warehouse lines, a new lawsuit alleges. Not only is the lender in trouble but so is its CEO/owner, who gave his personal guarantees on the loans.

In late October, mortgage lender/servicer Mr. Cooper disclosed it was the subject of a cybersecurity breach...

Some 0.29% of mortgages were in forbearance as of the end of October.

Among federally insured depositories, PNC has been a significant buyer of mortgage servicing rights...

BTIG is remaining “neutral” on the shares of nonbank servicer Ocwen...

More insurance companies are showing up to bid for non-QMs, drawn by higher yields and the safe haven that residential assets can provide.

With mortgage rates declining of late, sellers of non-QM collateral might see better prices in the secondary market. Then again, the optimism may be too early, one trader advised.

Federally insured depository PNC has been trimming the head count in its origination business while bulking up on mortgage servicing rights.

It’s never good news when companies see their share price break the buck. Better.com and Finance of America are facing that prospect. The big question: How much time do they have left to right the ship?

It was originally thought that publicity generated by the consent order would cause at least some of Cenlar’s subservicing clients to switch vendors. But so far, that hasn’t happened.