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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.
Texans Credit Union announces 105% LTV financing option
The credit union introduced three new loan options to spur home purchase activity at a time when many homebuyers are sidelined.
Fidelity asks for summary judgment in suit against FinCEN, Bessent
Fidelity argues that implementing FinCEN’s ‘arbitrary and capricious’ anti-money laundering rule would cause it ‘irreparable harm.’
An Iowa county is taking action to support aging in place
County officials announced the program on Wednesday, calling it “a pioneering initiative aimed at helping income-eligible seniors maintain their independence.”
Bringing origination and servicing together with AI
The mortgage industry has undergone significant changes over the past few decades. One of the most notable has been the separation of origination from servicing. This decoupling was initially driven by the desire for greater efficiency, specialization and the need to respond to growing regulatory and market pressures. However, recent technological advances, especially in artificial intelligence (AI), are prompting many in the industry to reconsider this dividing wall.
Trump says he’s giving ‘serious consideration’ to releasing Fannie Mae, Freddie Mac
President Trump said he would be making a decision on releasing Fannie Mae and Freddie Mac from conservatorship “in the near future.”
Court says Berkshire Hathaway Energy, Crye-Leike cannot move Gibson suit
The two remaining home seller commission lawsuit defendants sought to move the Gibson suit to their respective home states.
CMLS appoints Rene Galicia as its new COO
Galicia announced his departure from Bright MLS last week. He has also held roles at NAR and California Regional MLS.
Fathom stays optimistic about agent compensation plan even as losses mount
Fathom Holdings Inc. is under pressure to turn its business around, and its CEO thinks its new agent compensation model can do that.