A 65-year-old senior accountant at CCM was told that the lender was shifting to a new business model and her job was being eliminated. However, the employee claimed she was fired due to her age.

Correspondent sales of mortgage loans to unaffiliated buyers increased 26.8% in 2024, led by CrossCountry Mortgage, Rate and United Wholesale Mortgage. (Includes data table.)

The MBA projects that nearly 30% of originations will be through eNotes in 2028, up from 10% now. eNotes can help reduce costs for lenders and improve customer service, according to industry participants.

Canadian startup Zown is offering its low commission and downpayment assistance services in California, marking its entry into the U.S.

Homes in areas with climate risk tend to be overvalued during mortgage refinancing, according to a study from the Massachusetts Institute of Technology Center for Real Estate.

Rocket prevails in shareholder lawsuit alleging insider trading; FHFA director looking into mortgage costs; mortgage tech vendor seeing interest from potential buyers.

State regulators are looking to reduce regulatory burdens by partnering with the private sector to use technology and improve supervision efficiency.

New York-based fintech Better is branching out by selling its AI-driven mortgage underwriting software to banks.

House Republicans introduced bills to expand production of, and access to, manufactured housing as one antidote to the current housing shortage.

Rent payment history and bank account income verification are just the start. Machine learning algorithms also promise better risk assessment and more accurate pricing for that risk.