A Pennsylvania judge said Mortgage Connect’s complaint failed to meet the burden of proof for a clear right to relief in a case that involved a former employee’s noncompete clause.

Despite taking losses in the first quarter, ICE and Blend are bullish on AI adoption in the mortgage industry.

The spread between conventional loans and FHA and VA loans last quarter were at their widest margins since 2021, according to the Mortgage Bankers Association’s National Delinquency Survey.

Some 74% of first-time homebuyers would consider using a 50-year mortgage, according to a recent survey by TD Bank.

United Wholesale Mortgage is offering brokers an 86-basis-point pricing incentive to celebrate the lender's 40th anniversary.

Aircraft-lease ABS generally have low exposure to Spirit Airlines, and planes tied to Spirit are expected to be re-leased with little issue due to strong demand in the market.

Typically, when interest rates decline, as they did for much of the first quarter, retention rates increase. That wasn’t the case this time.

Canandaigua National Bank claims the Federal Reserve wrongfully rejected its application for offering cash-guarantee mortgages.

Carrington Mortgage is set to acquire Valon Mortgage, which primarily operates as a subservicer with a focus on Ginnie Mae loans.

United Wholesale Mortgage has increased its bid for Two Harbors Investment after CrossCountry Mortgage matched its previous bid for the real estate investment trust.