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The two companies will retain ties as Daniel Wallace moves to an operational leadership position at a time when non-agency mortgage opportunities are opening up.

Homeowners across the nation could realize savings from as little as $20 per year to having their bill wiped out entirely.

The company also saw a slight impact from changes to real estate commissions.

U.S. military veterans and active duty personnel have four mortgage industry participants looking to enhance their ability to take advantage of their benefits.

Private mortgage insurers are having a strong year so far, although most had flat business in the third quarter, industry results show.

The bond-market selloff unleashed by Donald Trump's presidential victory last week ended almost as quickly as it began. 

A complaint accuses Mr. Cooper of using an AI-generated call in contacting customers who gave no consent to be reached out to.

The majority of bigger, rated nondepositories will start the year with leaner operations. Opportunities are narrower for smaller players and vary by channel.

Residential construction companies facing their own construction cost burdens are continuing sales incentives that have cut into some of the largest players' profit margins.

Three of the four largest title insurers were profitable in the third quarter; First American's loss should set it up for future gains, its execs said.

Origination volumes grew across nearly all sectors of commercial real estate on both a quarterly and yearly basis, according to the Mortgage Bankers Association.

The share of respondents who say they'd rent if they were going to move rose to a record 36% in a new survey by Fannie Mae, the government-backed mortgage finance giant.

The National Association of Homebuilder's chief economist lays out a timeline for the market, and describes how new construction today compares to existing home sales.

The Vienna, Virginia-based credit union will pay tens of millions of dollars in penalties over what the agency said was "junk fees" charged to Navy Federal's customers.

The amount of income needed to make monthly mortgage payments are declining and approaching a key affordability benchmark, the National Association of Realtors found.

AI agents can help route tasks and make decisions along the way, but a human in the loop will still be needed to ensure effectiveness.

The Federal Open Market Committee is expected to lower short-term financing costs in the wake of volatility that has put upward pressure on mortgage rates.

The post-election spike in the 10-year Treasury yield could translate to higher rates for the 30-year fixed rate mortgage in the short term.

United Wholesale Mortgage beat its own guidance on originations and gain on sale margins third quarter earninga, helped by an uptick in refinance volume due to lower rates in August and September.

FICO's wholesale royalty will be $4.95 per score for mortgage originations, it announced. That's up from $3.25, which is the current cost of a mortgage credit score.