The company's closure comes in a year when it touted successful capital investments but also faced growing legal scrutiny.

Pressing items in the mortgage industry include a behind-the-scenes look at the issues plaguing USAA, a recent lawsuit at Movement Mortgage and more.

The wholesale lender introduced two new products to brokers and a $800 million debt offering to drum up cash.

This is the second short-sale fraud case to make headlines in recent weeks, following the conviction of a New York businessman in November.

Specialized Loan Servicing, now Shellpoint, allegedly failed to send post-bankruptcy consumers monthly statements on dormant second mortgages, the suit claims.

Rocket argues it was unfairly tied to discrimination accusations, arguing the government aimed for "headline-grabbing claims" to bolster its case.

The credit rating agency believes that mortgage rates will decline in the year ahead, helping to spur lending activity.

Both companies have mortgage joint ventures with Rate, while @properties' attorney-driven title unit expands on Compass' existing agent-focused business.

Real estate investment trust United Development Funding IV is facing a Dec. 10 showdown with NexPoint and the $181 million deal could be a lifeline for management.

"Delete CFPB. There are too many duplicative regulatory agencies," Musk wrote in a post on X.