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Independent mortgage banks see value in utilizing AI to solve mundane tasks, but some are reluctant to go all in because of the tough market for originations.

American Mortgage Network accused CCM of racketeering for running a "transition desk" to divert loans, claims a judge dismissed.

The Texas Department of Savings and Mortgage Lending is requiring loan officers to notify borrowers if their contact information was obtained through trigger leads.

Unlike some recent RMBS deals, both exclude riskier interest-only loans and those supporting investment properties.

The bank ends the year with a substantially different profile from early 2024, which brought new leadership, a significant reduction to its mortgage operations and a corporate rebrand.

Mortgage originators should expect more of those interest rate dips that took place in September, but when they happen is the unknown factor, economists said.

Known as a pragmatic moderate before arriving at the Fed, Vice Chair for Supervision Michael Barr is now synonymous with an aggressive and divisive approach to bank regulation. Can he still accomplish his goals under President Trump?

The correspondent lender says the mortgage cooperative is motivated by its parent Altisource Portfolio Solution's financial struggles.

President-elect Trump's victory comes with the support of a Republican Congress. Also in November, many states voted on local property tax matters.

More than half of all borrowers used discount points for mortgages that year, including two-thirds of refinance customers.