Even if the CFPB rescinds its LO rule, the Truth in Lending Act — the statute the LO comp rule is implementing — remains.

Analyst Jaret Seiberg called the concept of SEC action probable though "not guaranteed."

The Commerce secretary says a year-end offering of GSE stock is still possible.

Treasury Secretary Scott Bessent said FSOC is focused on economic growth because “regulators too often overlook the threat economic stagnation poses to financial stability.”

The Trump administration vowed to continue the effort to fire Cook, alleging mortgage fraud.

There's the possibility for a borrower to be behind by one or two months on payments, and the servicer has missed FHA's deadline to start a foreclosure.

If subservicing is included in FHFA's market share cap, Rocket plans to shift some of the servicing mix at the combined Rocket/Mr. Cooper.

There's no timeframe yet for potential adjustments to the ATR rule.

Stephen Miran, President Trump’s nominee to fill a vacant governor position at the Federal Reserve, said he intends to preserve the Fed’s independence if confirmed for the position.

A proposal from the CFPB would limit the bureau's ability to designate nonbanks for supervision.