"We wanted to help a larger swath of borrowers attain the American dream"
Cuts were necessary to keep its mortgage product competitive, the company said
A new functionality allows lenders to submit loan data to both GSEs' automated underwriting systems with a single click
The proposed legislation addresses the state's housing deficit, which is approaching 4 million homes
Growth reflects surge in non-QM market
The bank warned that it may have to adjust its first-quarter earnings result to account for the fine
Strong activity in January and February may have pulled some applications forward
The bank also engaged the lending platform provider to collaborate on its digital lending efforts