CrossCountry Mortgage has swooped in with a superior bid, prompting United Wholesale Mortgage to revise its bid for Two Harbors.

The attorneys general said the guidance threatens to cut complaint referrals and funding to state and local fair housing agencies that provide protections that go beyond the federal Fair Housing Act.

The platform will translate mortgage guidelines and operational policies into configurable, testable and auditable rules.

Flagstar offering warehouse loans through partnership; senator investigating FICO; Waters wants conference committee for housing bill.

GSE servicing outstanding barely budged during 2025 while Ginnie servicing increased by 6.8% on an annual basis. In owned servicing, the only firms with major gains in 2025 were nonbanks. (Includes two data tables.)

A new executive order directs federal agencies to consider changing several major mortgage regulations in part to increase mortgage lending by smaller banks. Consumer advocates raised alarms.

The proposals would reduce capital requirements of banks in terms of mortgages held in portfolio and for mortgage servicing. Federal banking regulators said the goal is to help banks better compete with nonbanks.

Senate last week passed a revised version of legislation aimed at easing housing affordability. House leaders aren’t fully happy with the bill.

Rocket is now the largest subservicer in the industry. Pennymac is poised to acquire Cenlar, the second-largest subservicer. (Includes data table.)

Shrinking margins in the retail space are pushing loan officers to chart their own path in the wholesale channel.