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The correspondent giant, whose earnings have trended positively in recent quarters despite market headwinds, has made several debt moves this year.

The ranking Democrat on the Senate Banking Committee said growing uncertainty and risks in the financial system mean the central bank should increase the countercyclical capital buffer for the nation's largest lenders.

Blend Labs had 23 new or expanded relationships in the fiscal period, double that of the first quarter, including 18 related to consumer banking or home equity.

The plan could value the government-controlled mortgage giants at some $500 billion or more and would involve selling between 5% and 15% of their stock.

A decline in a branch manager's volume led to allegations he shared customer data with his wife, who joined rival American Pacific Mortgage.

The shake-up comes as the company posted its third straight quarter of losses and seeks to develop new technologies and partnerships while putting behind its tumultuous recent past.

Planet Home embarks on retail branch growth, Aces promotes compliance leaders, rising fintechs add sales executives plus more mortgage moves.

A credit analyst manually reviews the pool's underwriting decisions, instead of just leaving it all to automated underwriting methods.

The lender and servicer, which posted stronger originations, suggested more efficient production with improvements including renegotiated vendor contracts.

Both originations and servicing segments contributed to the second-quarter's positive numbers, with production up by over 14% year over year.

President Trump said Thursday that he will nominate Stephen Miran, who currently serves as chair of the White House Council of Economic Advisers, as the next member of the Federal Reserve Board of Governors. Miran is a key architect of President Donald Trump's tariff policy.

President Trump's imposition of sweeping tariffs on more than 90 countries Thursday represents a major shift in the U.S. trade stance, but the impact on inflation, the Federal Reserve and the economy are still unclear.

The suit accuses Wells Fargo of digital redlining via its proprietary underwriting system from 2018 to 2022.

The executive order tells banking regulators to examine banks for signs of politically motivated account denials.

The survey shows that Americans are more confident in their own finances, though most still expect home prices and mortgage rates to rise over the next year.

July's surprising jobs report helped drive Treasury yields and corresponding rates lower, opening up a window of opportunity for borrowers to capitalize.

In the second quarter, the nation's largest originator funded $39.7 billion in mortgages, including $27.3 billion in purchase loans.

The company, which is projecting adjusted EBITDA profit next fall, saw its Neo Home Loans arm more than double its production from the first quarter.

From warehouse offerings from a subservicer to a development willing to take crypto for purchases, these firms are looking to fill holes in the market.

Citigroup Inc. Chief Executive Officer Jane Fraser met with President Donald Trump on Wednesday to pitch public stock offerings for mortgage giants Fannie Mae and Freddie Mac.