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The credit scoring agency's rollout comes after years of criticism from home lenders over its prices, with delivery costs rising over 40% in the past year.

The Mortgage Bankers Association's chief operating officer has decided to retire after 11 years at the job. Three association leaders were promoted as a result.

As the government shutdown stalls key housing programs, lenders are shifting tactics to keep loans moving and preparing for bigger challenges ahead.

Department officials pushed back on criticism that a banner on its homepage violated a statute meant to curb partisanship in government operations.

United Wholesale Mortgage dropped the fees for Title Review and Closing plus to as low as $1,295; it also extended its R/T 90 refi promo for another month.

The first government shutdown since 2019 will slow flood insurance originations and new Small Business Administration loans, though self-funded banking regulators will continue operating as usual.

The Supreme Court said Wednesday that it would defer President Donald Trump's request for a stay until after oral arguments scheduled for January 2026, allowing Federal Reserve Governor Lisa Cook to remain on the board at least until then.

The shutdown started with a flight into treasury bonds, putting downward pressure on financing costs, but several other developments slowed mortgage activity.

Former Mr. Cooper CEO Jay Bray will become Rocket Mortgage's president and CEO as the $14.2 billion transaction closes in just six months after announcement.

Hill, who has been serving as acting chair since January, has steered the agency toward deregulation and away from Biden-era priorities, with strong backing from big banks.

The contract rate on a 30-year mortgage climbed 12 basis points to 6.46% in the week ended Sept. 26, according to Mortgage Bankers Association data released Wednesday.

Fidelity National Financial, with support from the American Land Title Association, is suing to halt enforcement of the anti-money laundering regulation.

The massive wholesale lender's new website stands opposite rival United Wholesale Mortgage's own originator portal which it launched in 2018.

Different markets for home equity products emerge, plus technology changes make it easier and quicker for traditional offerings to reach consumers.

The average starter home was sold for more than $206,000 in August, yet sales increased by nearly 4% from last year, according to a Redfin report.

In a complaint filed in Virginia federal court, the FTC said the partnership would reduce the number of websites offering apartment listings, leaving consumers with fewer places to search.

The FHA extended the mandatory implementation date for technical updates but things are still changing on Oct. 1, when the government could shut down.

A South Carolina resident said she received multiple calls from Freedom loan officers this summer despite registering her number on the do-not-call-registry.

The retail giant, in asking a court to dismiss the case, said its deal with a North Carolina brokerage was within the law's carve-out for such agreements.

A gauge of present conditions fell 7 points to the lowest level in a year, while a measure of expectations for the next six months also dropped in September.