Michael Strauss faces massive Sprout liabilities as his wife and a former associate launch a new mortgage firm, raising ...

Preemption would hurt affordability for many, the Conference of State Banking Supervisors and the American Association of ...

Fourth quarter pretax income of $900,000 and net income of $656,000 for the segment compared with year ago losses of $625,000 ...

Primelending produced a pretax loss of $5.2 million in the fourth quarter, significantly lower than the loss of $15.9 million in the same period a year earlier.

The judge said Nexa CEO Mike Kortas' testimony lacked credibility, ruling that $350,000 transferred to Platinum One was an investment, not loan.

INV1, is backed by a pool of 1,153 non-prime investment property mortgages, which have a moderate leverage levels of an ...

The high court, without comment, refused Emigrant Mortgage's appeal of a verdict holding it liable for no income, no asset verification loans to minorities.

The reverse mortgage companies squeezed thousands of dollars out of aging homeowners through various illegal fees, according to a new class action suit.

The pending agreement would resolve claims over a 2021 hack which affected 5.8 million customers of Lakeview, Community, and ...

Competition that impacted margins and prepayments in excess of expectations were challenges during the period, but executives ...

VA- and FHA-backed mortgages helped drive the increase in property volume, but sales did not maintain the same pace, ...

Analysts estimate Pennymac, Rocket, UWM and Loandepot will post an improved earnings per share and total loan origination ...