A district court had ruled in favor of the subservicer, noting that the borrower lawsuit was “no more than a billing dispute.”

The Federal Housing Finance Agency, under the leadership of Bill Pulte, has made at least three criminal referrals to the DOJ about mortgage fraud, involving two Democrats.

Federal Reserve Governor Lisa Cook, in a lawsuit challenging her termination by Trump, argued that the president’s action would shatter the independence provided to the Fed.

The trade group said the current implementation timeline isn’t long enough for compliance with the new Mortgage Call Report requirements.

Still, experts believe more can be done to educate borrowers on availability of downpayment programs.

Nonbanks’ mortgage-related activity will still qualify for CFPB supervision, even as the regulator looks to reduce its authority.

Even though an appeals court lifted the block preventing mass layoffs at the CFPB, a drastic reduction-in-force may not happen immediately, attorneys said.

The Trump administration slashed hundreds of jobs at the VA Loan Guaranty Service, but lenders say it’s not causing issues in VA lending.

The total delinquency rate among large servicers increased by 11 basis points during the second quarter of 2025. The reading was down compared with June 2024, though delinquencies look poised for further increases. (Includes two data tables.)

Figure Technology Solutions has flourished with HELOCs by developing new technology. Now the company is aiming to complete an initial public offering to expand into other markets.