Contracts, Invoices & Legal

The acquisition agreement is the latest example of merger activity this year focused on the recapture potential held within servicing pipelines. View the full article

The four major underwriters had an increase in first quarter open orders versus the end of 2025 in spite of data showing the number of units produced declined. View the full article

The accusations, relating to the lender's marketing programs, including trips for brokers as things of value, stem from a larger racketeering complaint. View the full article

Keefe, Bruyette & Woods attributes Fannie Mae and Freddie Mac portfolio growth for the narrower spreads, but other reasons include lower volatility. View the full article

Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability. View the full article

Home equity investment platforms continue to attract dollars from the venture capital community but also face a proposed de facto ban in one state. View the full article

The industry analyst also described the significant refinance opportunity should rates decline slightly, and the threshold where home prices soften or firm up. View the full article

Many servicing metrics look weaker amid lower rates although valuations can vary depending on companies' models, operations and portfolio composition. View the full article

A federal judge recommended that an enhanced real estate reporting requirement, which could send paperwork and costs soaring next year, remain intact. View the full article

Looking to build on last year's live sing-along, Lady Gaga will be performing the theme to Mister Rogers Neighborhood in a campaign from Rocket and Redfin. View the full article

Washington Federal Bank and Planet Home Lending are both off the hook for the remainder of their consent orders, which the bureau quietly terminated. View the full article

Achieve launches a correspondent channel for its fixed-rate HELOC, Deephaven ups its loan limit to $1M, and Planet expands into non-agency TPO products including non-QM and DSCR loans. View the full article

Treasury Secretary Scott Bessent said Tuesday morning that banks should focus on the sweeping deregulation the administration has enacted as the industry pushes back on President The President's proposed 10% credit card interest rate cap. View the full article

A "spike in unusual traffic" caused service degradation for the infrastructure giant, disrupting digital banking for customers. View the full article

The announcement follows Realpha's two previous mergers with mortgage brokerages, as well as its purchases of AI firms and title businesses. View the full article

The Consumer Financial Protection Bureau will face an existential crisis in 2026 between the The President administration's efforts to shut down the agency and the employee union and consumer advocates who want to stop them. View the full article

The increase in borrower activity came as housing starts ended 2025 on a high note, while mortgage rates were a percentage point lower year-over-year. View the full article

Following the resignation of CEO Patrick Donlon as the result of a settlement, Yield Solutions Group has taken operational control of Trusted American Mortgage. View the full article

Bank of America was the leader in this study, with Rocket as the only nonbank mortgage lender which got a score higher than the industry average. View the full article

In addition, John Roscoe and Brandon Hamara have been appointed co-presidents at the government-sponsored enterprise, effective immediately. View the full article

Continuing to retreat from Biden-era rules, the Consumer Financial Protection Bureau and Department of Justice withdrew a 2023 advisory opinion that had cautioned about denying credit to immigrants. View the full article

The homebuilder and lender DHI Mortgage, in responding to a RICO suit, say they clearly informed buyers of potential property tax hikes on their newly built homes. View the full article

The 30-year fixed remains in its current range, but most expect the rate to reach 6% for 2026, and one observer feels it could actually break under this point. View the full article

The rule, effective July 7, puts into place requirements similar to those for banks, except nonbanks do not have to make community investments or grants. View the full article

All of the Las Vegas-based company's channels, including Alterra Home Loans and Travisa Financial, will go by SimplyPMG, it announced Monday. View the full article