Mortgages

The class action lawsuit, which picks up from a lingering 2022 case, says over 787,000 plaintiffs across 36 states were unfairly charged a combined $15 million.

As mortgage rates sank to near 6% in January, consumers looked to do rate-and-term refinances, while originators offered more ARMs and cash-out loans.

From water damage to regulatory fines, learn the key risks facing vacant properties and how mortgage lenders can protect their real estate assets.

Treasury yields experienced a bullish open with the 5-year yield dropping over 15 basis points in five days, ahead of key jobs and inflation reports, as the dollar demonstrated strong adherence to technical levels, according to the CEO of IF Securities.

The urge to tame big corporate landlords is bubbling over among locals in woodsy Paulding County, Georgia, an Atlanta exurb where church steeples and old graveyards punctuate the rolling hills, and an 18-foot fiberglass Wonder Woman waves at drivers.

The letter claims the flood insurance premium pricing change has made the product unaffordable, resulting in a large drop off in the number of policies.

State regulators and attorneys general could be picking up the gauntlet on anti-kickback provision enforcement, especially in the mid-Atlantic states.

The lawsuit, which doesn't target UWM, accuses the REIT's CEO and board of directors of suspicious stock sales around the December announcement.

The monthly principal and interest payment needed to purchase the average-priced home dropped 7%, or $164, year over year to $2,091, according to ICE.

The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.

Trump administration officials are exploring opening an antitrust investigation into US homebuilders as the White House sharpens its focus on tackling the country's housing affordability crisis.

The brokerage alleges Zillow uses "anticompetitive tactics" to bar listings that haven't been posted to a local multiple-listing service, or MLS, within 24 hours of them being publicly marketed. 

Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.

The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.

The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.

Mortgage rates edged higher after the Fed held rates steady, with markets weighing political shifts, Treasury moves and mixed signals on where borrowing costs head next.

The lender isn't accusing United Wholesale Mortgage of wrongdoing, but says a broker secured loans for the same customers from both companies weeks apart.

Rising defaults, fraud risks, and collapsing rents are converging in urban multifamily, threatening lenders and taxpayers, according to the Chairman of Whalen Global Advisors.

Looking to build on last year's live sing-along, Lady Gaga will be performing the theme to Mister Rogers Neighborhood in a campaign from Rocket and Redfin.

More mortgage professionals told National Mortgage News they expect their companies to hire, or stand pat, rather than fire workers this year.