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The changes add some steps that would have to be taken before Fannie Mae and Freddie Mac could exit following statements from a Trump ally indicating plans for a near-term release.

The Stamford, Connecticut-based bank hired Steven Sugarman to be its president. The former bank CEO, who now heads one of the country's largest mission-based lenders, will help drive an effort to close a capital gap.

Bill Ackman, founder of Pershing Square Capital Management, predicts Fannie Mae and Freddie Mac will be removed from conservatorship within the next two years.

Although a new administration means policy uncertainty, most analysts see the economy growing above trend next year, although inflation will remain a concern.

The Freddie Mac mortgage rate tracker on Thursday morning showed the conforming 30-year fixed rate mortgage creep closer to the 7% level last seen in May.

Refinance demand fell precipitously as average contract interest-rates for most loans rose in the two-week leadup to Christmas.

The CapitalW Collective supplements the work other organizations do by addressing the educational needs of women and others in the specialized portions of the mortgage business.

The overall price drop was offset by interest payments, allowing a broad gauge of the Treasury market to post a gain of about 0.7% this year through Dec. 30.

Newrez's servicing arm approved an "obviously counterfeit" HELOC request from a bad actor totaling almost $500,000, a complaint claims.

Products belonging to Amynta Group's newly acquired Crum & Forster platform included coverage aimed at protecting mortgage loan portfolios from borrower default.

Central Mortgage Funding failed to adhere to an earlier consent order imposed for using unlicensed mortgage loan originators.

Even as annual home value growth levels out and the pace slows, prices are still rising and reached new records in October, two separate tracking measures disclosed.

A vast majority of the collateral pool balance, 82.6%, are mortgages used to purchase primary residences, and just 17.4% finance second homes.

Improved digital communications in transfers could help mitigate one growing risk for servicers, which also could face a less friendly rate and credit scenario.

The department was notified December 8 by third-party software provider BeyondTrust that a hacker had gained access through a tech support service.

Plaintiffs argue that Mr. Cooper's hefty payment to Alphv hinged on the promise that the criminal organization would delete stolen customer PII.

Rithm Capital has been teasing an initial public offering of the mortgage banker for some time, and 2025 is likely to be the year, Keefe, Bruyette & Woods said.

In multiple 2024 suits filed against mortgage businesses, the plaintiff claims he was never a client, but received messages despite being on the do-not-call list.

Luminate Home Loans closed its Neo Home Loans division in October after it fired leaders allegedly funneling trade secrets to the rival.

Technology centered on addressing certain key mortgage priorities stand to attract the greatest attention from venture capitalists and other investors.