“These rules must be updated, and your efforts to stop regulators from doing so is unjustified and harmful,” Sens. Elizabeth Warren and Maxine Waters wrote in a letter to the Chamber of Commerce and the American Bankers Association.

Regulators will propose that large banks be required to hold capital against the unrealized gains and losses on MBS.

The average interest rate on a 30-year fixed-rate mortgage declined to 6.20% this week, according to Freddie Mac.

There's a back-and-forth happening between courts on where a challenge to a final rule from the CFPB on credit cards should be heard.

Given confusion around the commission structure for home sales, it’s important for loan officers to advise real estate agents and become a source of knowledge for homebuyers, according to Jonathon Haddad, CEO of the Association of Independent Mortgage Experts.

The Federal Reserve responds to industry criticism by back-pedalling on some of the more aggressive capital requirements in the proposal.

A new requirement to extend language access for home borrowers within the CFPB's proposal to update Regulation X's mortgage servicing requirements will actually do the opposite, according to a joint comment letter submitted on the proposal.

After issuing a final rule on open banking, the CFPB plans a follow-on rule for open banking with mortgages.

CBO suggested the government would assume all the risk and sell insurance coverage directly to households for wildfires.

Analysts predict that a rate cut later this month could be as high as 50 basis points.