An appeals court ruled Friday that certain parts of FCC's one-to-one rule overstepped its statutory authority.

The one-to-one consent rule is set to go into effect Jan. 27, despite some organizations filing emergency petitions asking for a 60-day stay.

Paying off debt and making home repairs are the top reasons homeowners choose a cash-out refinance, per the bureau's report.

The acquisition adds mortgage warehouse lending to Minnesota's Stearns Bank, the latest to offer the service during a multiyear period that has seen several new entrants and exits.

The organization founded in 2022 has been a vocal advocate for passage of a trigger leads bill, which was axed in a congressional spending bill in December.

Newfi initially established its partnership with residential transition loan provider Dunmor in June 2024 to help it open up funding capacity and establish its presence in the lending segment.

The website combines Rocket's mortgage, real estate and financial tools under one site.

Cases involving accusations of redlining, kickbacks, underpaid employees and more swept across the mortgage industry in recent months.

Industry leaders and mortgage trade groups expressed hope that Bill Pulte's nomination to head the agency could result in more housing supply.