FHFA inspector general role vacant after reported ouster of Joe Allen
The inspector general position at the Federal Housing Finance Agency (FHFA) is currently vacant after the reported ouster of Joe Allen.
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Rocket’s integrations of Redfin, Mr. Cooper lift Q3 results above forecasts
Rocket CEO Varun Krishna said that Q3 2025 marked the strongest purchase and refinance quarter for the company in the past three years.
Debate heats up around GSEs’ potentially larger role as MBS buyers
Overall, the perception is that having new buyers of MBS would be positive for the industry, although some question whether the GSEs would be the best actors to play this role.
Fed prepares to pivot balance sheet, with potential ripple effects for mortgages
A growing number of economists believe the Federal Reserve is close to announcing the end of its quantitative tightening (QT) program — a move that could have wide-reaching implications for the mortgage industry.
Optimal Blue comes out swinging on price-fixing lawsuit
Optimal Blue CEO Joe Tyrrell responds to a class action lawsuit alleging mortgage price-fixing, calling the claims baseless and absurd.
Pennymac posts Q3 profit of $181M, fueled by servicing strength
PennyMac Financial Services reports a 33% profit increase in Q3 2025, driven by strong revenue growth and strategic initiatives.
Mortgage rates dip slightly, staying near 2025 lows ahead of CPI report
The government shutdown, which reached its 21st day on Tuesday, postponed the release of key inflation data.
TransUnion pushes back on single-pull mortgage credit proposal
The credit bureau argues that replacing tri-merge reports with a single pull could exclude creditworthy borrowers and increase systemic risk.
Rocket trims workforce after completing Mr. Cooper acquisition
Rocket closed the $14.2 billion acquisition in early October — about 51% higher than the valuation announced in March — after completing all necessary approvals.
TransUnion cuts VantageScore 4.0 pricing for mortgage lenders
Credit bureau TransUnion has followed its peers in slashing prices for mortgage lenders purchasing VantageScore 4.0, responding to Fair Isaac Corp. (FICO)’s newly implemented pricing model.