The Federal Reserve Racial and Economic Equity Act would direct the Fed to consider racial inequality in employment, income and access to affordable credit when making monetary policy and in its regulation and supervision of banks.

The company, which launched last fall, announced a partnership with an organization that aids military families.

KeyBank, Regions and others are using self-service portals, robotic processing automation and virtual assistants to digitize the collections process and make it more humane in anticipation of rising delinquencies.

Southern California homebuilders slashed construction plans as coronavirus hammered the economy.

The overnight shift to working from home created a number of practical quandaries for mortgage firms large and small, according to a recent survey conducted by Arizent.

The mortgage servicing rights package going up for bid adds to signs that the market for large offerings is becoming more active.

The number of loans going into coronavirus-related forbearance fell for the seventh straight week, but the Mortgage Bankers Association predicts the rate will increase if the number of coronavirus cases continues to rise.

The size of the decline depends on how bad the economy sinks and if the coronavirus spread is halted.

The year-over-year increase came as homebuying picked up and the company's mortgage lending business boomed.

Florida’s favorable tax laws have long been a draw for high-net-worth individuals, but the pandemic’s disruptions — to work, school, public safety and northern states’ budgets — have increased the allure, pushing many of the wealthiest to finally make good on aspirations to relocate.