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The complaint claims Lendingtree and its subsidiary failed to implement proper protocols, such as two factor authentication, to keep customer data safe.
February 7
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On a GAAP basis, Intercontinental Exchange's mortgage business has lost money for nine quarters, but a metric that includes Black Knight makes it profitable.
February 6
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Delinquencies are higher in one sector but overall pretax operating income is at a multi-decade high and adding to profit from originations.
February 6
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The mortgage arm of Rithm Capital saw profits surge in the fourth quarter, as the parent company looks to scale up before making any moves to separate.
February 6
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The 17.2% of mortgage borrowers nationwide with interest rates equal to, or greater than 6%, is the largest share since 2016, according to Redfin.
February 6
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The 30-year fixed rate mortgage continues to slip away from the 7% mark, Freddie Mac said, but experts still expect them to stay higher for longer.
February 6
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HUD, Ginnie Mae and USDA weighed in on the status of recent actions, some of which could change due to transitions in Washington.
February 6
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The prospect of both megalenders being released from conservatorship and the downgrading of each firm's respective stock are top of mind for executives.
February 6
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Treasury Secretary Scott Bessent said the Trump administration's focus with regard to bringing down borrowing costs is 10-year Treasury yields, rather than the Federal Reserve's benchmark short-term interest rate.
February 5
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With the Federal Reserve eyeing changes to its annual examination of large bank resilience, this year's test could be the last of its kind.
February 5
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Portfolio enhancements and diversifications cushion the impact of the L.A. wildfires from RMBS losses.
February 5
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Mortgage companies under scrutiny could see a reprieve, while the status of functions like behind-the-scenes guidance inquiries is uncertain, experts say.
February 5
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Completed foreclosure auctions should be 8% lower this year, but if home value and unemployment expectations change, all bets are off, Auction.com said.
February 5
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Mortgage and housing industry groups cheered the U.S. Senate vote, which found only two Democrats crossing over to support Scott Turner's nomination.
February 5
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As the Federal Reserve's overnight reverse repurchase agreement program nears zero, pressure could mount on the central bank to slow or stop its asset runoff as it fights inflation.
February 5
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The partnership with homebuilder Onx Homes, the company's ninth joint venture, gives Loandepot more solid footing in the South.
February 5
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Other issues have overshadowed closing costs of late but they're still a homeownership hurdle. Part five of five in a series: Automation and expenses
February 5
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The average purchase loan size hit a four-month high of $447,500 as fewer home shoppers are applying for government-backed mortgage products.
February 5
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The program Better Forever rewards returning mortgage customers by discounting the fee charged on their future refinance or purchase loans.
February 5
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Current and retired federal employees say Treasury officials granted Elon Musk improper access to federal financial records, violating privacy laws.
February 5
