The BETR stock is set to begin trading Thursday...

In the report published last month, the CFPB highlighted LO comp issues at lenders that brokered products they did not offer in-house.

Researchers found that the difference between the interest rates charged to Black borrowers and white borrowers narrowed significantly following BLM protests.

Visio-Beach Point Mortgage Trust is marketing a $191.6 million non-agency MBS.

RE/MAX also faces mounting legal bills as various antitrust class action cases are heard this fall and next year...

In their commentary, NAR and UI focused much of their attention on the stiff capital requirements...

Mortgage originations increased by 35.7% on a quarterly basis to an estimated $340 billion in the second quarter.

The CFPB reached settlements with Freedom Mortgage Corporation and Realty Connect, a real estate brokerage. The firms will pay a total of around $2 million for various allegations around illegal referrals.

Each mortgage originated in the second quarter of 2023 generated an average pre-tax net loss of $534, compared to a loss of $1,972 per loan in the first quarter, according to the MBA.

Industry economists project that interest rates on mortgages will peak during the third quarter...