Industry News
Industry News
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President Donald Trump has signed a Congressional Review Act resolution that eliminates the Office of the Comptroller of the Currency's Biden-era rules requiring stricter reviews of bank mergers and a time-out clock for some institutions.
June 23 -
The department's head pointed out that manufactured housing is the most affordable non-subsidized option for building homes.
June 18 -
The publicly traded company will become privately held as part of the all-cash servicer-lender acquisition, with a $20-per-share payout to common stockholders.
June 18 -
Plaintiff Jason Morano argues that his suit forced Rocket and Redfin to release information that helped shareholders make an informed decision on the merger.
June 16 -
After steering his former companies through turmoil, Martell will again attempt to turn fortunes around for a firm under regulatory and legal scrutiny.
June 16 -
A year after the transaction was announced, and 11 months' post-cancellation, an AI-driven answer to a search engine query said the deal was completed.
June 16 -
The company also made several new executive appointments in 2025 as it aims to turn itself into a national one-stop shop with end-to-end home buying services.
June 13 -
Chimera Investment Corp. said that after the deal closes, HomeXpress will operate as a subsidiary of the REIT.
June 12 -
Details regarding the settlement between the two parties are thin. In the original complaint, Lower was seeking $75,000 in damages from RWM for causing "irreparable harm."
June 12 -
As part of the acquisition, Hallmark Home Mortgage's CEO Deborah Sturges will join Fairway as the firm's president.
June 11 -
Cara Petersen, the Consumer Financial Protection Bureau's top enforcement official, said the Trump administration has "no intention to enforce the law in any meaningful way."
June 10 -
A former senior accountant at CrossCountry Mortgage claims she was let go from her job three years prior because of her age.
June 10 -
The former fintech lead at the FHFA will work to "disrupt" current technology offerings for mortgage lenders.
June 10 -
Covius' title services had focused on the needs of firms involved with defaults, but this acquisition from Blend pushes the shift to originations forward.
June 9 -
A consent order issued by Washington against mortgage brokerage Xpert Home Lending accused the firm of violating the state's consumer protection law.
June 9 -
The Consumer Financial Protection Bureau pinpointed five rules that it wants the White House budget office to review. Details, however, are sparse.
June 6 -
The lender's former chief of staff alleged the non-QM lender misrepresented loan characteristics to investors and regulators, charges which were never proven.
June 6 -
A group of lawmakers questioned why the FTC and DOJ didn't step in to prevent Rocket Companies' acquisition of Redfin. They want answers by June 17.
June 6 -
A stockholder previously filed a lawsuit seeking to delay the Redfin shareholder vote scheduled for June 4.
June 4 -
The San Francisco-based bank was long hamstrung by a regulatory order that kept it under $1.95 trillion of assets. Now Wells can hit the gas on business lines it had kept idle.
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