Alt-doc products include asset depletion, asset utilization, trust income, bank statements and letters from certified public accountants.

Delinquency rates may be nearing cycle lows...

The CFPB plans to propose a rule in 2024 that would lead to the removal of medical bills from credit reports.

There's an interplay between how the proposal would impact larger banks and the effects on nonbank mortgage companies.

Interest rates could stay for higher than longer than previously expected...

Guaranteed Rate is telling mortgage applicants that its loan officers are "always on" thanks to a new LOS app.

The Fed didn't touch interest rates Wednesday but suggested that another increase in rates is likely this year.

The CFPB warned that lenders that use artificial intelligence and other "black box" credit models need to provide specific reasons for denying credit to loan applicants.

"It’s really difficult to predict with certainty and detail what exactly is going to happen in the third quarter of 2026," said Leda Bloomfield, branch chief for policy and equity at the FHFA.

Applications increased even as interest rates ticked up.