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.

FHA published a request for information seeking ways to ease its minimum property requirements.

The consumer groups raised various legal arguments about the final rule, including that it was issued in violation of various laws that set requirements for the rulemaking process.

The re-proposal would improve banks’ return on capital, said John Sim, a managing director at JPMorgan Chase.