The mortgage industry is concerned that new state-level artificial intelligence regulations will impose duplicative or conflicting requirements.

Winter weather may have contributed to the decline in applications last week.

The total FHA delinquency rate hit 11.86%, the third-highest reading in the past decade.

A recent survey of lenders by The Mortgage Collaborative found that lenders are making technology enhancements a strategic investment priority in 2026.

Lenders want to build long-term partnerships with originators ahead of an upcoming boost in production volume this year.

The AARP Foundation filed a class action lawsuit against Celink, Finance of America Reverse and Carrington Mortgage Services claiming that they unlawfully charged home equity conversion mortgage borrowers prohibited fees.

The Provident deal contains loans mostly made to prime credit borrowers.

Ongoing declines to interest rates boosted refinance originations in the fourth quarter of 2025 while purchase-mortgage lending looks to have fallen as part of a seasonal trend.

"The competitive environment for refinances was, quite frankly, stronger than what I’ve seen historically in an interest rate decline," said David Spector, chairman and CEO of Pennymac Financial Services.