Even if the CFPB rescinds its LO rule, the Truth in Lending Act — the statute the LO comp rule is implementing — remains.

"By rethinking the role of the master servicer, we see significant opportunities to expand our platform and deliver long-term value to clients," said Shane Ross, head of servicing for Newrez.

The Fed will have a new governor in place as it considers monetary policy this week and Fed Governor Lisa Cook will also remain in place.

The Fed rate cut? The odds presently focus on a 25-basis-point trim on the short end of the stick.

The retail channel accounted for 51.3% of first-lien originations in the second quarter of 2025.

The Commerce secretary says a year-end offering of GSE stock is still possible.

"The backdrop for investors owning agency mortgages feels a lot more supportive," said Jay Bacow, co-head of securitized products research at Morgan Stanley.

PRMI is a portfolio manager founded in 2019 with ties to Merchants Bank of Indiana.

The average interest rate on a 30-year fixed-rate mortgage declined by 15 basis points in the past week.

The Federal Trade Commission ended the waiting period early for Bayview Asset Management's planned acquisition of Guild Mortgage.