The agency is seeking input on how to better open up industries up to new entrants. Some see this opening the door to more competition for banks.

The firm's chief financial officer replaces Kenneth DeGiorgio, who recently pleaded not guilty in a Puerto Rico federal court to a misdemeanor assault charge.

The former underwriter, who worked for the Georgia-based lender from 2023 to 2024, claims she averaged more than 60 hours a week and was not properly compensated.

NJ Lenders, a nonbank licensed in 22 states, has over 100 loan originators and recorded nearly $1.5 billion in origination volume last year.

Executives from three wholesale shops, including PRMG, The Loan Store and Newfi, dissected the regulatory landscape and how some developments might impact the broker channel.

Fairway promotes top producer to national leadership role, NMB adds industry veteran to head sales and operations and Finance of America grows C-suite.

The advocacy executive said there was a lot of misinformation regarding Rocket Pro and that the "rumors versus reality is very different."

Versions of the bill were introduced in the House and Senate, raising odds that a national trigger lead ban could be near.

DeLory joined Equity Prime Mortgage from Carrington and helped to transition the Atlanta-based mortgage lender into a wholesale-only originator.

The top five subservicers that are depositories had a combined unpaid principal balance of more than $1.8 trillion at the end of Q4 2023.

The move comes three months after Katie Sweeney, former BAC CEO, announced she would be stepping into an executive advocacy role for Rocket's Pro channel.

MBA's CEO Bob Broeksmit said the trade group is actively getting in front of Trump-appointed officials to help guide housing policy.

Wholesale firm Ardri's acquisition of The Lending Spot comes after the company installed a mortgage industry veteran as its new president earlier this year.

Deregulation at the federal and state levels could open the door to a potential boom in housing supply, HUD Secretary Scott Turner said Tuesday.

The top five banks have a combined HELOC volume of more than $90 billion at the end of Q4 2024.

Republican Senator Josh Hawley sent a letter urging the Justice Department to investigate FICO's price increases, which he said have "been borne by borrowers, especially lower-income borrowers."

From reduced demand for auto loans to a slowdown in mergers and acquisitions, here's some of the new trade war's potential fallout for lenders.

The FBI intervened in the incident, which a lawyer for the company's CEO said was a response to another man's actions.

Duncan announced the launch of a new company in a social media post in early April after retiring from the government-sponsored enterprise at the end of 2024.

The megaservicer is fending off a class-action lawsuit while suing its insurers for allegedly failing to indemnify it following its breach in 2023.