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Refinance-driven prepayments responded to lower rates in February, rising to a high not seen in 17 months, according to ICE's latest Mortgage Monitor report.

The Consumer Financial Protection Bureau received nearly 28,000 mortgage-related consumer grievances in 2023, the regulator said.

Houston-based Prosperity Bancshares said it closed its purchase of Lone Star State Bancshares about a year later than initially planned.

This is the second suit related to United Wholesale Mortgage's All-In initiative to get recommended for dismissal in a federal court.

The Bluegrass State joins 20 others in passing legislation against the non-title record agreements, which frequently lead senior citizens into granting long-term exclusive sales rights to businesses.

A federal judge in Texas sided with bank trade groups, agreeing that bank regulators might have overstepped their authority in reforming parts of the Community Reinvestment Act.

Doma in nearly three years as a public company was never able to achieve profitability and had to scale back CEO Max Simkoff's vast ambitions.

An ex-SVP and two managers from Primelending are facing a $35,000 fine for allegedly violating whistleblower protections, and the company is adding training.

KBRA recently assigned low-end investment grade designations to Freedom Mortgage and Pennymac transactions that involve interests in Ginnie Mae mortgage servicing rights.

Higher costs than expected, not just for the mortgage but for repairs and more, have recent buyers' regretting their purchase, Clever RE and Redfin found in separate reports.

New guidelines regarding buy-side and sell-side real estate agent compensation are set to go into effect this summer.

Affordability challenges also have some aspiring homeowners taking second jobs or looking to draw from retirement savings, according to Redfin.

The lender recorded a $59 million net loss in the fourth quarter, an 83% improvement from its third quarter performance.

Initial analyses of Home Mortgage Disclosure Act data show UWM ahead in 2023 loan numbers and dollar volume, but Rocket's market share still looks competitive.

Last year, the Raleigh, N.C.-based Integrated called off a deal to sell itself to MVB Financial after bank stocks took a hit in the aftermath of the regional bank failures. Capital hopes to expand its government-guaranteed lending with the transaction.

The pending end of the program comes as over half of U.S. states have already ceased accepting new applicants for federal aid aimed to help struggling households with mortgage payments.

But the 30-year fixed rate mortgage is still near 7%, and that remains the overhang on the housing market, Freddie Mac said.

Mortgage payments rose 10% year-over-year to an all-time high for March, Redfin said.

The Midwest was the main driver of the increase in pending sales, with a 10.6% jump, while contract signings in the South edged up 1.1%.