As the majority of mortgage firms today report profits, warehouse lenders are likely encouraging the stragglers to make a move.

In October's mortgage roundup, learn more about Fairway's legal battles over redlining and overtime shortcomings, the Federal Housing Finance Agency's updates to rules on appraisals and waiver access and more.

A handful of mortgage stakeholders have expressed skepticism that the trigger lead bill will be passed this year, but are hopeful for 2025.

Rep. Matt Gaetz, R-Fla., whose chances of getting confirmed as attorney general are unclear in the wake of allegations of sex trafficking and a House ethics probe against him, cuts a more populist profile than many expected from a Republican president.

The new president of Movement Mortgage previously held senior positions at Stearns Lending, Caliber Home Loans, Bank of America and Countrywide.

A Pennsylvania federal judge ruled that HUD's handbook allowed, but did not require servicers to offer partial claim workarounds in tandem with funds from HAF.

The study found nonbank lenders charging the highest interest rates and most points, and fintech pricing more in-line with depositories.

The average home buyer spends almost $32,000 in home-buying expenses, a report by Clever Real Estate claims.

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.

The joint venture with Smith Douglas Homes will expand Loandepot's market presence in states including Georgia, Alabama and Texas.

Economists cautioned that October's employment report may not provide a fully accurate representation of the economy due to recent hurricanes.