Scaling from Freelancer to Business Owner

Fidelity National Financial, with support from the American Land Title Association, is suing to halt enforcement of the anti-money laundering regulation. View the full article

Former Mr. Cooper CEO Jay Bray will become Rocket Mortgage's president and CEO as the $14.2 billion transaction closes in just six months after announcement. View the full article

Department officials pushed back on criticism that a banner on its homepage violated a statute meant to curb partisanship in government operations. View the full article

A stock offering or conservatorship exit could raise loan costs in some contemplated scenarios, a Stanford Institute for Economic Policy Research study finds. View the full article

The city-owned venue will promote the broker search website by team owner Mat Ishbia's mortgage company for 10 years in a $115-million deal. View the full article

In a case mentioned alongside one decided by the U.S. Supreme Court, by 2-1, the judges said they could not overturn a past decision on California's escrow law. View the full article

The Office of the Comptroller of the Currency Monday said it will scrap fair housing reporting requirements, fast-track licensing for small banks and simplify regulation for smaller institutions overall. View the full article

Mortgage companies see a lending future backed by artificial intelligence, but there may be as many questions as answers to what the path might look like. View the full article

The Consumer Financial Protection Bureau has announced job openings for attorney-advisors to represent the agency in defensive and appellate litigation. View the full article

The largely direct-to-consumer lender will also offer reverse mortgage loans in the latest dealing between publicly traded industry players. View the full article

The reduction in force affects under 1% of Rocket's team, with the decision to streamline operations made following identifying overlapping roles post-merger. View the full article

Regulators are nearing a key step in overhauling credit scoring as the MBA touts its influence on GSE policy and close alignment with Washington leaders. View the full article

Kin, a direct-to-consumer insurance provider, has started a mortgage broker in Florida which also takes loan applications through a call center or online. View the full article

The company's servicing valuations fell but by less than in previous quarters. Lower rates both aided production and created recapture opportunities. View the full article

While purchase volume is up 20% from last year, it was 5% lower than one week ago, although a 4% increase in refinance activity helped pick up the slack. View the full article

Home loan players are diverting technology budgets to cover back-office operations, after big spending in a downcycle, counter to historical patterns. View the full article

The acquisition complements existing lending channels at Carrington and also adds Reliance's full servicing portfolio to its platform, the company said. 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 credit card will provide borrowers points for making their normal monthly mortgage loan payments and for the purchase of home products and services. View the full article

The St. Petersburg, Florida-based company plans to market 18.4 million shares for $18 to $20 each, according to its Securities and Exchange Commission filing. View the full article

Investment purchases surged to their highest share in five years in the second quarter, even though total volume decreased from 12 months earlier. View the full article

Nearly 20% of homeowners had a mortgage rate of at least 6% in the second quarter of this year, signaling Americans are warming up to higher rates, Redfin said. View the full article

A South Carolina resident said she received multiple calls from Freedom loan officers this summer despite registering her number on the do-not-call-registry. View the full article

The contract rate on a 30-year mortgage climbed 12 basis points to 6.46% in the week ended Sept. 26, according to Mortgage Bankers Association data released Wednesday. View the full article