Fannie and Freddie waive some loan requirements amid shutdown
Government agencies and enterprises issued guidance on Wednesday for mortgage operations and servicing during the current government shutdown.
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CFPB ends multiple lender consent orders, opens few new cases
Under the Trump administration, the Consumer Financial Protection Bureau (CFPB) has been winding down enforcement actions against lenders and servicers while opening only two new cases.
Who keeps the borrower? A deep dive into servicer retention
Data from ICE Mortgage Technology shared with HousingWire offers a deep dive into servicers’ performance at keeping a borrower in their books after a refinance transaction.
loanDepot challenges class-action suit tied to LO comp rules, steering
loanDepot has filed a motion to dismiss a class-action lawsuit in Maryland alleging violations of loan officer (LO) compensation rules and borrower steering, arguing the plaintiffs failed to show they suffered a “concrete injury.”
CrossCountry Mortgage raises conforming loan limit to $819,000
CrossCountry Mortgage raises its conforming loan limit to $819,000, ahead of FHFA’s 2026 limits, to empower prospective homebuyers.
Compass-Anywhere deal brings $9B mortgage JVs under one roof
Industry leaders see the Compass–Anywhere merger as simplifying the mortgage side of the business, which includes Guaranteed Rate Affinity and OriginPoint.
How will lenders recalibrate as Fed signals path to lower rates?
Mortgage lenders are recalibrating ahead of the Federal Reserve’s anticipated monetary easing cycle, rolling out rate promotions, streamlining operations and broadening product menus.
Union Home Mortgage acquires assets of Sierra Pacific Mortgage: sources
Ohio-based Union Home Mortgage Corp. (UHM) has reached an agreement to acquire assets of California-based Sierra Pacific Mortgage Co., sources told HousingWire.
Non-QM lender Griffin Funding unveils AI-driven underwriting platform
The tool pulls hundreds of pages of program guidelines into a single system and uses AI to deliver answers to loan qualification questions.
Optimal Blue: Rate-and-term refis soar 70% in August
Borrowers rushed to refinance in August as mortgage rates eased, pushing rate-and-term lock volume up 70% from July, according to Optimal Blue’s Mortgage Market Advantage report.