Although fewer industry leaders in a May survey are prioritizing cost-cutting, those bosses said they'd focus on back-office staff over other expenses.

Billionaire Bill Ackman has linked the idea with President Trump's recent post depicting a near-term public offering for a single mortgage firm with U.S. ties.

While overall performance looks solid, the data shows the weight of economic concerns may be weighing on some borrowers, the Mortgage Bankers Association said.

Finance of America and Hilltop Holdings, parent of Primelending, are joining the exchange which Intercontinental Exchange relocated from Chicago.

The New Jersey-based Anniemac, which has expanded down the East Coast in recent years, touted the incoming team's construction lending experience.

Centerbridge Partners' acquisition of MeridianLink comes amid sluggish originations but rising demand for AI tools.

The longtime mortgage professional oversaw numerous modernization efforts at the Veterans Affairs mortgage department, and the creation of a post-pandemic foreclosure prevention program.

A decline in a branch manager's volume led to allegations he shared customer data with his wife, who joined rival American Pacific Mortgage.

The shake-up comes as the company posted its third straight quarter of losses and seeks to develop new technologies and partnerships while putting behind its tumultuous recent past.

Planet Home embarks on retail branch growth, Aces promotes compliance leaders, rising fintechs add sales executives plus more mortgage moves.

Both originations and servicing segments contributed to the second-quarter's positive numbers, with production up by over 14% year over year.

The suit accuses Wells Fargo of digital redlining via its proprietary underwriting system from 2018 to 2022.

July's surprising jobs report helped drive Treasury yields and corresponding rates lower, opening up a window of opportunity for borrowers to capitalize.

Late-payment rates among U.S. borrowers rose again in the second quarter, according to a report from the New York Fed. The trend reflects a sharp increase in student loan delinquencies, which have been climbing as pandemic-era policies have expired.

A Texas federal court ruled that borrowers suing Mr. Cooper over its data breach in 2023 had "sufficiently alleged injury," thus refusing to dismiss parts of the case.

The fintech firm announced it has taken the first formal step in going public via the filing of a draft registration statement on S-1 with the SEC.

The forward-flow agreement with the lending fintech comes as home renovation spending surged during the first half of this decade.

Dominick Marchetti and Sean DeJulia, former Loandepot executives who helped develop the company's mello platform, are returning as chief digital officer and chief innovation officer, respectively.

The lender said it would pay $500 for each referral from a North Carolina brokerage that it signed a co-marketing agreement with, according to new lawsuits.

Companies that lack artificial intelligence governance may spend hundreds of thousands of dollars more in responding to cyberattacks, IBM found.