February 21, 2025By James DohnertMr. Cooper Triples Jumbo Servicing, Aided by FlagstarThe firm now handles an estimated 11.0% of the jumbo servicing market. (Includes data table.)
January 24, 2025By James DohnertA&D to Acquire Flagstar’s TPO BusinessThe deal is expected to boost A&D’s originations of agency loans. The lender has so far focused on expanded-credit mortgages.
January 24, 2025By James DohnertCFPB Considers ATR Compliance in New LawsuitThe CFPB sued Vanderbilt Mortgage and Finance, alleging the manufactured-home loan lender failed to meet ability-to-repay rules when originating non-qualified mortgages.