A complaint accuses Mr. Cooper of using an AI-generated call in contacting customers who gave no consent to be reached out to.

FICO's wholesale royalty will be $4.95 per score for mortgage originations, it announced. That's up from $3.25, which is the current cost of a mortgage credit score.

The company plans to increase investments in its proprietary products as well as marketing initiatives with expectations of originations growth next year.

Value adjustments to Guild's MSRs totaled a loss of $145.8 million, the nonbanks third quarter earnings show.

The REIT was successful in achieving all of its near-term goals, its CEO said in an earnings call.

An index of bank stocks rose 8.5% early Wednesday after Donald Trump won his bid to return to the White House.

Loandepot rolled out Project North Star, an initiative designed to position the company as "the leading lending partner of choice for homeowners."

California lender Synergy One recently rolled out Synergy GPT, an enterprise AI bot, and is looking to further expand its technology use cases in 2025.

The incentive, meant to ramp up activity in Rocket's broker channel, is valid from Nov. 5 to Nov. 17.

The company formerly known as Ocwen improved results on several fronts even though a secondary market price change reduced origination profits in one channel.