The top five states saw an average change in average mortgage rates of 3.15% quarter-over-quarter.

The real estate investment trust, while still separately traded, is now under the Rithm umbrella, and is taking on that brand as well as a new business model.

The cost of a credit score is $3.25, but could balloon to the $5 range in 2025.

The company expects that a previously announced sale of its residential mortgage servicing business will reduce its workforce by an additional 1,200 employees when the transaction is completed this quarter.

The strategic investment in the shared appreciation platform comes after capital raises at similar businesses last month.

Better's voice assistant can help customers get answers to mortgage application inquiries, call them back if they abandon an application and ask them about the weather.

After NYCB streamlined its branch operations under the Flagstar name, the publicly traded company will begin trading under a new stock ticker symbol in late October.

Updates to the Telephone Consumer Protection Act aimed at simplifying customers' ability to opt out of robocalls and robotexts will take effect on April 11, 2025.

While people are talking about supply, the former National Association of Realtors exec adds more attention must also be given to home insurance affordability.

The lender has largely denied allegations Connecticut previously lodged that threatened its licensing, but the state has new concerns.

The management changes come amid speculation that competition between Mr. Cooper and another player that's been more focused on digital operations is heating up.

September's news roundup for the mortgage industry includes the impact of the Federal Reserve's rate cut on mortgage appetites, lenders continuing to launch and settle lawsuits and more.

The veteran turnaround executive was hired in 2020 to salvage the troubled banking company after the Justice Department launched a far-reaching probe of its mortgage lending practices. It agreed to sell to Florida-based EverBank.

The new tool, dubbed Araya, utilizes data available in several of the technology firm's lines of business, including its climate risk division.

Papanii Okai will fill a newly created position of executive vice president of product engineering at Rocket Mortgage.

Stronger than expected numbers for overall U.S. employment additions have diminished lender hopes for steeper rate drops, and industry hiring has been tepid.

Companies announced new product rollouts and capital raises last month, but some are also facing lawsuits as the industry encounters heightened attention to the lack of consumer protections.

Chief capital markets officer William Chang is stepping down "to explore new opportunities within the mortgage banking sector."

The deal reunites the executive that heads up Securent Risk Retention Group with former colleagues and allows SitusAMC to support growth for other business lines.

The mega wholesale lenders ChatUWM bot will now be able to sift through PDF documents, calculate borrower income and upload loans to UWM's application system.