The GSEs updated their rules for condo loans. Will they be helpful or harmful?
Fannie Mae and Freddie Mac revised condo project and insurance rules, easing some costs but tightening reserve and review requirements.
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Trump’s mortgage order sets stage for regulatory shift, draws consumer backlash
President Donald Trump’s executive order targeting mortgages addresses several concerns raised by banks and nonbanks, which have largely welcomed it as a road map for regulatory change. But it’s also receiving pushback from consumer advocates.
Banks eye bigger role in mortgages as regulators reconsider capital rules
Top banks in the mortgage space have relied on a similar playbook for years, but they say they could become more aggressive if upcoming changes to capital rules provide more flexibility.
Federal judge blocks DOJ subpoenas targeting Federal Reserve Chair Powell
A federal judge on Friday blocked subpoenas that the U.S. Department of Justice (DOJ) served the Federal Reserve in a case involving Jerome Powell’s Congressional testimony on the central bank’s headquarters renovation.
loanDepot reports $108M loss in 2025 even as volume, margins improve
loanDepot cut its 2025 net loss to $108 million as revenue rose 12% to $1.19 billion, but margins fell to 324 bps in Q4.
UWM raises revenue guidance ahead of Two Harbors vote
The parent of United Wholesale Mortgage raised the bar on 2026 revenue expectations just days ahead of a shareholder vote from Two Harbors Investment Corp. on a proposed $1.3 billion merger.
West Capital Lending sues loanDepot, alleges unlawful pay scheme
West Capital Lending has sued loanDepot, accusing the California-based mortgage lender of engaging in a long-running compensation scheme that violates the Truth in Lending Act.
Redwood launches Aspire securitization shelf with $391M non-QM deal
Redwood Trust closed a $391 million securitization backed by nonqualified mortgages, marking the inaugural deal from its Aspire platform that was expanded in early 2025.
Experian imposes another price increase on mortgage credit reports, resellers say
Resellers say Experian added another mortgage lender price increase of about 3%, after 2026 credit report hikes reached as much as 50%.
Rocket Pro doubles broker credits with Compass deal, unveils ‘Jupiter’ LOS
Rocket Pro announced a partnership with Compass to offer additional credits to brokers and unveiled a new loan origination system during its Ignite26 event.