Two Harbors Investment Corp. said in a letter on Monday that UWM Holdings Corp. failed to submit a revised offer to buy the company or request to extend a waiver period to negotiate.

Company claims a coordinated scheme to poach staff, steal trade secrets and divert more than $31 million in loan volume.

The White House has sent the nomination of Brian Johnson to serve as director of the Consumer Financial Protection Bureau (CFPB) to the Senate, according to a notice filed on Wednesday.

Veterans United Home Loans and its real estate brokerage affiliate are pushing back against an amended class-action lawsuit accusing the companies of operating an illegal kickback scheme.

Figure CEO Michael Tannenbaum discusses the $717 million Kiavi acquisition, first-lien growth, Adaptor AI and the company's M&A strategy.

The Mortgage Bankers Association (MBA) on Tuesday announced the launch of a new member forum dedicated to reverse mortgages and other senior-focused mortgage products.

In this exclusive interview, Cassidy discusses his accomplishments at the agency, his stance on zero-down payment programs and his plans to continue championing the administration's housing agenda from the private sector.

With interest rates in a higher-for-longer environment, mortgage and real estate companies have realized that long-term survival requires market share growth via M&A.

Two Harbors Investment Corp. postponed a special shareholder meeting to vote on its existing agreement to be acquired by CrossCountry Mortgage LLC.

Top-producing originators like Gabe Bodner are finding an avenue for growth by selling reverse mortgages not as a lifeline of last resort but as a wealth management tool for affluent, asset-rich retirees.

American Pacific Mortgage has closed a merger deal to bring Synergy One Lending under its umbrella as a DBA, creating a mortgage production platform with roughly $14 billion in annual volume.

In the secondary market, investors and credit rating agencies are awaiting additional performance data while developing workarounds to keep loans moving through the system.

Berkshire Hathaway Inc.’s acquisition of Taylor Morrison Home Corp. is more than just a homebuilder buyout — it brings two mortgage operations under one umbrella.

Rocket Mortgage and Rocket Pro provided additional details this week on their rollout of VantageScore 4.0 in mortgage lending after officially announcing last week that they have started using VantageScore 4.0 alongside Classic FICO scores.

Researchers propose a slight bump to upfront mortgage insurance premiums to offset the risks of a zero-down FHA product.

Beeline Holdings Inc. has signed a letter of intent to acquire the remaining stake in MagicBlocks, an AI-focused real estate technology firm that powers the lender’s chatbot and digital infrastructure.

The Consumer Financial Protection Bureau could finalize changes to its Regulation X servicing rules while creating a regulatory pathway for streamlined GSE refinances by the end of this year.

Mortgage lenders are getting creative to combat the housing affordability crisis fueled by rising interest rates, rolling out novel products and blending existing options to keep borrowers in the market.

Mortgage lenders are currently wrestling with a high-stakes puzzle: how to accurately compare the new credit score models hitting the market. The differences are significant and carry major implications for risk assessment, loan pricing and secondary market returns.

Ginnie Mae removed TPP loans from delinquency counts, expects cures to improve and ramps up loan-level transfers to boost liquidity.

FHA signals push to repeal its 90-day anti-flipping rule and update AVMs, while new loss-mitigation rules are tied to $2 billion in savings.

Mortgage Bankers Association (MBA) president and CEO Bob Broeksmit said regulators should prioritize rolling back rules that raise costs as mortgage rates are likely to stay “stubbornly high” for the foreseeable future.

Las Vegas-based Panorama Mortgage Group has unified its multiple brands under a single banner — SimplyPMG — and appointed Fernando Ospina as chief production officer to oversee all channels.

Loan officers are shifting their playbooks to keep deals alive as mortgage rates climb north of 6.6%.

Analysts at KBW kept UWM at market perform and $4.50, citing 9% share in Q1 2026, 45% broker share, and in-house servicing by October.

UWM CTO Jason Bressler says in-house AI helps underwriters process 16 loans daily and supports new servicing call handling.

The Senate confirmed Kevin Warsh on Wednesday to succeed Jerome Powell as chairman of the Federal Reserve, sparking hopes within the mortgage industry for less volatility as Warsh takes the helm of the central bank.

At a time when some reverse mortgage lenders are struggling to bring new business through the door, Movement Mortgage is an example of a company that’s posting modest growth through organic lead generation and purpose-driven leadership.

GO Mortgage has launched a third-party origination channel built on a new wholesale platform. Leading the effort is Rob Saunders, who was named executive vice president of TPO production.

Two Harbors rejected UWM’s $12.50 offer, citing financing, MSR valuation and execution risk ahead of a May 19 vote.