The rise of artificial intelligence has sparked both speculation and angst over what it might mean for mortgage professionals in the future, but the answers might be more encouraging than some expect.

Mortgage rates fell by a whopping 15 basis points this week, to their lowest point in almost a year, as Fed watchers are now certain a short-term rate cut is in the offing, Freddie Mac reported.

Mortgage applications for new-home purchases accelerated in July, as borrowers took advantage of homebuilder concessions and a drop in interest rates, according to new industry data. New single-family ...

Finance of America was profitable for a second consecutive quarter as funded volume at the reverse mortgage lender grew 7% versus the first quarter and 35% year-over-year. Processing Content The ...

The Trump administration is moving swiftly to roll back Biden-era redlining enforcement. Processing Content Federal courts in recent weeks have terminated five consent orders with mortgage lenders, ...

A measure to prohibit credit bureaus from selling consumer data when mortgage credit reports are pulled came close to passing late last year, but was ultimately stripped from the National Defense ...

Sweeping regulatory proposals from President Donald Trump and the growing presence of Elon Musk's Department of Government Efficiency have shaken up the mortgage industry, from remolding the Consumer ...

Pennymac's mortgage division reported a $36.8 million net loss in the fourth quarter that included a one-time accrual expense related to an arbitration settlement in a trade secrets dispute over its ...

The outlook for the income-producing mortgage market is mixed, the Commercial Real Estate Finance Council found when it held its annual conference in Miami, which drew over 3,000 people, earlier this ...

A federal judge has dismissed a lawsuit by former CrossCountry Mortgage employees accusing the lender of failing to pay them during the market's recent downturn. Over 50 former loan officers have ...

That amounts to 2,350 workers being let go, according to its fourth quarter earnings report published Thursday. Some of those employees were mortgage-related personnel, per a senior director impacted ...

Fannie Mae chose a unit of Chase as the winning bidder of a $663.3 million pool of reperforming mortgage loans that was not awarded with the rest of the transaction two weeks ago. The approximate ...