Compliance deadlines with the Section 1071 data-collection rule are set to start in July but could be postponed.

Freedom plans to use proceeds from the offering for “general corporate purposes,” including repaying existing senior secured debt.

“Our entire vision is to build the company as an infrastructure provider that allows people to offer a mortgage right at the point of sale,” Realfinity CEO Luca Dahlhausen said.

FICO's revenue from mortgage originations increased by 110% in the fourth quarter of 2024 compared with the fourth quarter of 2023.

Retail lending gained share from the correspondent channel in the fourth quarter.

Michael Nierenberg is chairman and CEO of both Rithm Capital and Rithm Acquisition.

Issues relating to credit reports accounted for 86.6% of all complaints in 2024.

Some 44.8% of survey participants project that demand for mortgages eligible for sale to the government-sponsored enterprises will increase in 2025 compared with 2024. (Most of the others surveyed think demand will remain level and only 3.4% expect demand to weaken.)

Ishbia pointed to borrowers who received mortgages between 2022 and 2024 as prime candidates for refis.

In his departure letter, Chopra said he knows the CFPB is "ready to work" with President Trump.