Consumer groups warn CFPB rollback of mortgage rules could expose borrowers
A coalition advocacy organizations is warning that proposed changes to federal lending rules could leave consumers vulnerable.
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UWM faces law firm fraud probe, analyst stock price cuts after Q2 loss, Oaktree deal
UWM Holdings Corp. is facing a securities fraud investigation and fresh cuts on Wall Street after reporting a loss for the second quarter and a $2.05 billion capital raise.
Mortgage spreads keeping housing demand intact for now
Mortgage spreads at 2.01% are keeping 2026 mortgage rates near 6.74%, supporting pending sales and limiting year-over-year declines.
Will the negative jobs report hold off a September rate hike?
July payrolls fell 23,000 and revisions cut 103,000, while wage growth slowed to 3.2%, sharpening the Fed’s September decision.
Trump reportedly renews bid to oust Fed Gov. Lisa Cook
President Donald Trump is moving forward with a renewed attempt to remove Federal Reserve Gov. Lisa Cook over mortgage fraud allegations.
UWM downgraded by Fitch after Q2 loss, Oaktree deal
Fitch Ratings downgraded the long-term issuer default ratings of United Wholesale Mortgage (UWM) to B+ from BB-, citing a sharp increase in leverage driven by second-quarter losses and higher borrowings.
REMAX, Keller Williams win final approval of Batton 1 settlement
Judge Hunt granted final approval to REMAX and Keller Williams Batton 1 settlements totaling $28.5 million, claims due Aug. 25, 2026.
The off-MLS debate moves to Washington, and agents need a clear script
A House panel reviews private listing networks, while Compass cites 4.6% gains and other studies show off MLS homes sell for less.
Blend reports stronger Q2 results on software growth
Blend Labs on Thursday reported higher second-quarter revenue and a narrower operating loss, driven by growth in its software platform business as the digital mortgage technology provider expanded customer relationships and rolled out its new AI-powered Autopilot product.
Rocket weathers spring housing slowdown, gaining purchase and refi share in Q2
Rocket Companies reported high second-quarter earnings on Thursday, driven by increased mortgage origination volume, servicing income and record market share gains in both purchase and refinance lending, even as the broader housing market remained challenging.