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Trigger leads may take a back seat to other priorities near term but growing support in both chambers for these types of bills suggests the issue has momentum.

To make amends to former and current borrowers, Mr. Cooper is footing the bill for two years of complimentary identity protection services.

Pending sales also increased in November as mortgage rates began to decline during the month, but cancellations reached a new record during the month.

Sens. Sherrod Brown, D-Ohio, and John Kennedy, R-La., have reintroduced their ILC bill that would subject companies that hold an ILC charter to similar oversight as traditional banks, while measures to cap interest rates and ban 'trigger leads' have also been introduced.

Alleged screenshots show the lender in text messages and emails encouraging the theft and dissection of the competitor's profit and loss model.

The mortgage giant alleges that District Lending flouted its 2021 ultimatum by sending at least 84 loans to either Rocket Mortgage or Fairway Independent Mortgage Corporation. It's seeking to recoup over $400,000.

Short-term rates may fall but the Fed's quantitative tightening, which tends to pressure financing costs for most mortgages, persists. Here the net impact.

Members of the Financial Stability Oversight Council Thursday warned of increasing financial risks posed by artificial intelligence in its annual report, noting AI's potential to amplify cyber threats, induce herd behavior and even compromise bank safety and soundness.

Mona Shah, JD, MPH, is the senior director of policy and strategy at Community Catalyst, a national organization dedicated to building the power of people to create a health system rooted in race equity and health justice, and a society where health is a right for all.

Hear what your peers are thinking and doing as the new year approaches paired with thoughtful analysis by your National Mortgage News team.