Figure is touting its DART System as a more efficient and less expensive alternative to the MERS registry.

The high inflation reading for March is one factor that will keep interest rates higher for longer.

A dip in United Wholesale Mortgage stock last week, driven by a report from a hedge fund that shorted the nonbank, has raised awareness on the number of mortgage companies that are being shorted.

A request for input from the CFPB is expected in the coming weeks.

Morgan Stanley is packaging GSE-eligible mortgages for investment properties into non-agency MBS.

Inflation figures for March were higher than anticipated, leading to a spike in the 10-year Treasury yield.

Rocket plans to offer its AI platform to other companies later this year.

Better saw improvements in its pull-through rates in a pilot program in which the lender paid its LOs commissions. The lender found that its no-commission model didn’t work well for purchase mortgages.

The FDIC’s updated economic inclusion strategic plan includes a goal to increase mortgage lending by banks. The plan leans heavily on education and outreach, though CRA credit could also be an option.

The mortgage process met or exceeded the expectations of many homebuyers; interest rates look to be too high for potential homebuyers; the defect rate on mortgages declined again; tech vendor raises $19 million; Altisource Asset Management exits mortgage market.