These are just a few of the legal actions that will have implications for mortgage firms going forward.

Independent mortgage banks see value in utilizing AI to solve mundane tasks, but some are reluctant to go all in because of the tough market for originations.

The Texas Department of Savings and Mortgage Lending is requiring loan officers to notify borrowers if their contact information was obtained through trigger leads.

The bank ends the year with a substantially different profile from early 2024, which brought new leadership, a significant reduction to its mortgage operations and a corporate rebrand.

Businesses across several industries have already started budgeting for expected price increases

After Nexpoint refused to vote via its proxies at the UDF IV annual meeting, the existing directors supporting the sale to Ready Capital were declared elected.

Mortgage lenders can now submit loan information through VA's new management system, replacing the need for email submissions.

Workers in the bank's conduct management intake group joined colleagues at 23 Wells Fargo branches in approving a union.

Mat Ishbia urged brokers to understand how the increases in credit score and report costs affect both them and the borrowers they serve.

A slower rate of price increases would boost the likelihood of an interest-rate cut that could expand loan demand and lower banks' deposit costs. A higher pace of inflation, however, could derail those catalysts.

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.