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The Securities and Exchange Commission said Rule 14a-8 exceeds its statutory authority and intrudes on matters of state law. Shareholder advocacy groups, however, argue that repealing the rule could reduce transparency.
September 17 -
While the early adopters of these market expansions set their new limits at $845,000, Pennymac is going up to $850,000 and UMW to $847,440 for one-unit homes.
September 16 -
Almost all of the problems with marketing services agreements stem from hiring the wrong attorney, said Marx Sterbcow, a mortgage compliance expert.
September 16 -
Homebuyers who are preapproved have the best opportunity to take advantage of fall discounts, giving lenders an opportunity to roll out marketing around this.
September 14 -
Bank of America upped its forecast for non-qualified mortgage issuance, with investors, particularly insurers, buying these and other non-agency securities.
September 14 -
Abacus Federal Savings Bank in Chinatown scrambled to reopen in the days following the World Trade Center attacks. The exercise resulted in the bank's first disaster-recovery plan.
September 11 -
Rocket jumps first to raise 2027 conforming loan limits to $845,000, with Rate and CrossCountry matching; UWM's move still pending marking an early signal of IMB competitive positioning.
September 10 -
Weak refi demand is pushing lenders to lean on servicing income, as tighter execution spreads and higher MSR values shift the industry's sell/retain calculus
September 8 -
The deal announced Monday would diversify EverBank's higher-cost funding model, and it would accelerate WaFd's transition away from its roots as a traditional thrift.
September 8 -
Bob Marseilles joined Evergreen Moneysource to get the wholesale unit going following starting the TPO unit for First Tech Federal Credit Union.
September 7 -
As part of a broader expansion of its profit and loss production network, Rate is bringing former Fairway employees Vito Roppo and Nick Ferrante onboard.
September 2 -
The company last week introduced a temporary shareholder rights plan to curb any attempt by Garg to use supervoting shares and reinstall himself as CEO.
August 25 -
The deal with regulators for Redfin to restart its internet listing service is just one more way to help consumers on their home journey, Rocket said.
August 24 -
Fast tracking closing and funding is the critical differentiator among lenders, the 2026 Mortgage-Home Equity Scorecard report from Keynova found.
August 20 -
The Senate passed a federal disaster tax relief bill, the Doug LaMalfa Federal Disaster Tax Relief Certainty Act, by unanimous consent after a hold was lifted.
August 12 -
Chase edged out Rocket for the top spot in the annual mortgage servicer customer satisfaction survey, with depositories in seven of the top 10 spots.
July 23 -
Jay Farner takes a majority ownership stake in Detroit's professional soccer franchise through the investment group he launched after leaving Rocket in 2023.
July 16 -
The move is designed to align the two Utah-based businesses under a single unique name and comes two years after the bank acquired the home lender in 2024.
July 9 -
Mike Kortas is looking to keep loan officers in the loop through the entire mortgage loan customer lifecycle and beyond, with the launch of evoLend.
July 6 -
Bright partnered with real estate data and analytics platform HouseCanary to deliver exposure on Google at no additional cost or operational efforts.
June 29























