Industry News

Federal Reserve officials are looking into ways to help calm the housing boom and one suggestion was possibly scaling back on the purchases of mortgage-backed securities.

Total Expert launched the industry's first sales and marketing platform for the direct-to-consumer mortgage market.

Nationwide Appraisal Network (NAN) will now wire appraisers their full appraisal fee within 24 hours for work completed on time or early.

The White House appointed Sandra L. Thompson as acting director of the Federal Housing Finance Agency (FHFA), effective immediately. Her statement reveals that a permanent director will be confirmed in December.

The U.S. Supreme Court gave President Joe Biden the authority to remove the head of the Federal Housing Finance Agency (FHFA) while dismissing claims from shareholders of Fannie Mae and Freddie Mac.

Ocwen Financial Corporation's wholly-owned subsidiary, PHH Mortgage Corporation will acquire RMS' reverse mortgage servicing platform.

Thanks to the successful launch of the UniteCT program, emergency rental assistance funds are helping Connecticut residents maintain housing.

Angel Oak Mortgage announced its initial public offering of 7,200,000 shares of its common stock at $19 per share.

The Mortgage Bankers Association reported the first increase in mortgage applications after a three consecutive weeks on declines.

The CFPB stipulates its authority to examine supervised financial institutions for risk to active duty servicemembers and their dependents.