Servicing

The lynchpin to this is what Rocket management calls its "Super Stack" artificial intelligence technology.

Rising property values continue to buffer mortgagors against negative equity situations, Corelogic said.

A combination of buy and sell-side issues led Mr. Cooper to slow down its mortgage servicing rights activity but executives may have a different view next year.

There's support for Reg X modernization, but both consumer and mortgage groups are concerned about language mandates, and the industry opposes fee restrictions.

The government agency's new issuances in August totaled over $40 billion, marking a high not seen since late 2022.

The analytics tool takes a look at geography and borrower activity to help pinpoint areas with high concentrations of loans at risk from natural disasters.

Federal Reserve Vice Chair Michael Barr's planned revision of the capital proposal addresses a key concern the housing finance industry has.

Mortgage originators are adding more refinance-specific products, as rate locks continued to rise in August.

The bank has brought in mortgage industry veteran Ken Logan as senior managing director to oversee a broader range of financing it's offering to home lenders.

A Billings, Montana-based First Interstate Bank agreed to a five-figure penalty to resolve charges it engaged in National Flood Insurance Act violations.