The MBA's white paper, prepared by the law firm of Orrick, Herrington & Sutcliffe, addresses various questions regarding AI usage.

Frank Cassidy said that he’s resigning from his role as FHA commissioner to return to the private sector.

The settlement resolves allegations that the company violated servicing loan modification laws during the COVID-19 pandemic.

The Florida-based bank has agreed to sell its third-party originations channel to Mortgage Forward, part of the Great Lakes Credit Union family.

The Illinois Department of Financial and Professional Regulation says the lender used an unlicensed mortgage loan originator.

Among purchase-mortgage applications received last year, lenders denied 7.79% of conventional mortgage applications, 8.10% of VA loan applications and 12.70% of FHA loan applications.

In a Truth Social post, President Trump said Pulte will serve simultaneously as FHFA director and acting director of National Intelligence, overseeing national security matters conducted by 18 federal intelligence agencies.

Onity revised the terms of its sale of home equity conversion mortgage servicing rights to Finance of America Reverse after receiving feedback from Ginnie Mae.

In a recent comment letter, mortgage trade groups urged the CFPB to prioritize completing pending rulemakings — beginning with Reg. X — to carry out implementing President Trump’s March executive order aimed at expanding access to mortgage credit.

Rocket Mortgage has incorporated VS4 into both its direct-to-consumer and Rocket Pro sides of the business.