FTC revisits noncompete rules after Biden-era ban blocked
The Federal Trade Commission (FTC) on Thursday issued a public request for information on noncompete agreements as it seeks to identify practices it considers “unfair” and “anticompetitive.”
Mortgage
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HUD moves to bar non-permanent residents from Section 184 tribal loan program
The U.S. Department of Housing and Urban Development (HUD) has revised residency requirements for the Section 184 Indian Housing Loan Guarantee program to exclude non-permanent resident aliens.
Kimber White’s vision for NAMB: Affordable housing and enhanced mortgage education
Kimber White is set to return as NAMB president on Oct. 1, where he’ll focus on advocating for housing affordability and mortgage education.
Click n’ Close pairs 5/1 ARM with down payment assistance for new homes
The program — called the SmartBuy 5/1 ARM Down Payment Assistance product — offers a first mortgage alongside a repayable second mortgage.
Rocket pushes back debt exchange deadline amid Mr. Cooper deal
Rocket Companies has extended the deadline for investors to exchange debt issued by a Mr. Cooper Group subsidiary for the lender’s own paper — a step tied to its $9.4 billion acquisition of the competitor.
Reverse mortgage production metrics took a tumble in August
Despite a sharp decline in August endorsements, wholesale sponsors like Longbridge and Finance of America helped to sustain volumes.
Tech Pulse: Smart home tools for seniors; AI marketing for agents
With seniors now outnumbering children in many U.S. states, demand is growing for aging-in-place technology.
Does the trigger leads bill opt-in provision wave goodbye to competition?
The industry debate heats up as trigger leads crackdown raises questions about consumer protection and market power.
Mortgage lending activity sees ‘typical spring bounce’
The $601.7 billion in loan volume in the second quarter of 2025 was up 22.8% from the first quarter and 10.3% year over year.
Analysts split on what happens next with Rocket–Mr. Cooper servicing book
The regulator imposed a 20% cap on Fannie and Freddie servicing exposure, raising questions about how much room Rocket has to expand.