The lender’s optimism stems from its origination capabilities and its recent acquisitions of Redfin and Mr. Cooper Group.

State regulators said OCC’s proposals seeking to preempt state interest-on-escrow laws exceed its authority and ignore legal precedent.

AARP filed a class action against Celink and some of its clients, alleging they charged reverse mortgage borrowers onerous fees in violation of state and federal laws.

The president wants to address housing affordability but also wants home prices to remain high because it has made a lot of people wealthy.

More buyers are securing homes for less than asking prices as a buyer’s market persists, even as median list prices creep up.

In mid-December, MBA was projecting interest rates would hold at 6.4% throughout 2026. However, MBA now anticipates the average rate will be 6.1% in the first quarter and hold at that level through the year.

The trade group representing credit reporting agencies said MBA’s proposal to move to a single-bureau report is more about lowering costs for lenders than saving money for consumers.

With states increasing their regulation of artificial intelligence, trade groups representing the mortgage industry are concerned state regulation will interfere with federal mandates.

Most North American mortgage entities spend more of their technology budget on safeguarding consumers’ data than other financial entities, according to a recent survey from Moody’s Ratings.

House Republicans blamed regulations and immigration, while Democrats believe President Trump’s effort to ban institutional investors from buying single-family homes didn’t go far enough.