Experts say financial incentives and public indifference contribute to the prevalence of occupancy fraud, but that the difficulty of proving intent limits prosecutions.

Lenders are turning to new data to identify refi opportunities. Some borrowers are willing to increase their mortgage rate to tap home equity.

FHFA Director Bill Pulte raised concerns about unidentified risks posed by credit unions to financial markets.

Nonbanks aren’t exactly in a rush to hire new workers these days even though conventional rates are the lowest they’ve been in almost a year.

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.