Jayendran GS, CEO of Prudent AI, a mortgage tech provider, said the growing presence of AI in underwriting is alleviating some lender fear around the technology.

Locks for mortgages declined by 4.2% on a monthly basis in November, according to Mortgage Capital Trading.

“[The Trump administration’s] position is wrong as a statutory interpretation and is at odds with Congress’ plan in setting up the [CFPB],” according to an amicus brief filed by Democrats.

The lender has been originating non-agency reverse mortgages since 2018, and had been selling the loans to an unidentified third party through April 2025, according to Morningstar DBRS.

The unemployment rate increased from 4.4% in September to 4.6% in November.

Correspondent and broker channels gained market share for nonconforming loan originations in the third quarter, according to a new Inside Nonconforming Markets analysis of proprietary survey data.

The number of homeowners with negative equity increased in the third quarter, according to a new report by Cotality.

Priscilla Almodovar to join Fifth Third board of directors.

“There is no investigation into Bill Pulte,” wrote Pam Bondi, U.S. attorney general.

The issuance looks to have been prompted by a joint venture SG Capital formed earlier this year known as Hillgrowth Acquisition.