Response Tree allegedly operated more than 50 websites that used deception and dark patterns to trick consumers into providing personal information that was sold to telemarketers.

HECM endorsements increased in the third quarter after four consecutive quarterly declines.

Reverse mortgage lenders funded $3.95 billion in new home equity conversion mortgages in the third quarter, a 17.9% increase from the previous period. Year to date, though, HECM endorsements lagged.

Repurchase and indemnification activity at banks and thrifts in the third quarter was the lowest since at least the second quarter of 2016. (Includes data table.)

The correspondent channel took market share from the retail channel in the conventional-conforming sector in the third quarter.

The correspondent channel gained a significant chunk of market share from retail in the conventional-conforming market during the third quarter. The broker share stayed steady.

Complaints about mortgages were down 6.2% compared with the second quarter.

Consumer criticisms related to mortgages declined in the third quarter of 2023, falling to the lowest level since the fourth quarter of 2011. (Includes two data tables.)

CFPB sends credit card report to Congress; bureau fines remittance provider; Ameris Bank settles redlining charges; NMLS issues new version of Mortgage Call Report.

A focus on marketing language, downpayment assistance programs and technology are key to reach mortgage-ready borrowers, according to lenders speaking at the MBA’s annual convention.