The publicly traded company will become privately held as part of the all-cash servicer-lender acquisition, with a $20-per-share payout to common stockholders.

Both purchase and refinance activity declined last week, despite rates falling to a two-month low with market concerns over geopolitical and tariff issues.

Home sellers, no longer required to pay the buyer's representative after major rule changes last year, are still covering the costs as concessions.

The Trump administration is seeking to fire roughly 90% of the Consumer Financial Protection Bureau's staff and is fighting for that right in court. But if the administration prevails, can other consumer protection authorities from other federal regulators pick up the slack?

Prior to this development, the CFPB was the sole industry participant to publish an average prime offer rate index on a weekly basis.