In a little over a month, the company's newly appointed chief strategy officer has built out a six-person strong recruiting team.

In August's roundup of top mortgage news: The Consumer Financial Protection Bureau sides with plaintiffs against Mr. Cooper in alleged "junk fee" lawsuit, updates to 203(k) and more.

The case over a federal investigation is unrelated to the trade group's recent commissions changes.

Borrowers who worked with third party originators last year will save on average over $10,000 over the life of their loan, according to an analysis of public data.

The bureau claimed Newday USA deceived homeowners by failing to disclose the costs associated with a cash-out refinance when compared alongside their existing mortgages.

While lower rates have piqued borrower interest, most are waiting for some key events to pass before buying or refinancing, originators said.

Real estate agents and loan officers from post-Soviet states say the war has altered relationships between one another and made dialogue with some clients strained.

Gen Zers had the highest rates of mortgage delinquencies that were up to 89 days past due.

Middle-income homeowners are feeling the pressure of rising property prices, but aid efforts from federal agencies are stepping in to create new funding sources and provide additional support.

The 30-year fixed rate mortgage is lingering just shy of 6.5% level, which is not low enough to bring home purchasers back into the market, observers said.