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Payments of nearly $2,600 further dampen homebuying affordability.

Congressional Republicans say the agency is "ripe for reform"

Vandy Fartaj stepping down to be replaced by company vet William Chang

Says it 'would drive up costs, reduce innovation, and reduce lenders’ choices.'

Reports $163.7M loss for the full year.

Rates climb closer to 7%; reach level not seen since November.

Filing claims Michigan broker diverted $1.6M in proceeds.

Says drastic changes, including winding down its TPO channel, are intended to help it 'navigate current market conditions.'

Perry Hilzendeger is a former exec with Homepoint and Wells Fargo.