The initial phase of the project should wrap up within the next six months.

Freddie offered a series of updates on its new default reporting protocol in a recent bulletin to servicers.

The updates were made following the enactment of the bureau's ECOA final rule.

Mortgage applications declined slightly from a week prior.

Closed-end seconds remained the most common type of home equity loans for securitization in the second quarter, accounting for 50.5% of issuance.

Committee members warned that the former CEO's return would negatively impact the progress Better has made since his departure from the company.

AI is being used across the compliance process to make reviews more efficient, according to industry experts who spoke on a podcast hosted by the Conference of State Bank Supervisors.

Delinquencies improved on a year-over-year basis, declining 5% from July 2025 to July 2026.

Among the changes, Carrington's program now allows eligible alternative-documentation borrowers to qualify with FICO scores as low as 550.

A group of 13 publicly traded nonbanks reported a combined $2.20 billion in mortgage-banking income for the second quarter, down 32.3% from the first quarter.