Problems on Monday at Amazon Web Services' northern Virginia data center caused outages and delays with web services across the internet, including at a handful of banks and credit unions. The ...

Six trade groups warned the administration layoffs and funding freezes could dampen lending, threatening the administration's goal of economic growth.

The typical down payment made by home purchasers during the third quarter increased by $500 over the previous fiscal period, with the average share remaining near 14.4% of the price, Realtor.com said.

New York Court of Appeals judges' responses to recent arguments in a closely-watched Foreclosure Abuse Prevention Act case suggest they could take a narrower view of the law's retroactivity but are ...

The rollout comes as the company looks to build out offerings for originators, launching after PHH returned to the proprietary reverse-mortgage arena this year.

The appointment of the mortgage veteran comes as the lender undergoes marketing and branding pivots, including its recent name change from Nexa Mortgage.

The reduction in force affects under 1% of Rocket's team, with the decision to streamline operations made following identifying overlapping roles post-merger.

Overall, new 60-day-plus delinquencies totaled $2 billion, up from $1.69 billion in August, while maturity defaults accounted for half, or 51% ($1.05 billion) of new delinquencies.

Other studies have found fewer credit pulls could be viable, but this shows millions more would be adversely impacted than in a bi-merge.

Marina Walsh, vice president of industry analysis, research and economics at the Mortgage Bankers Association, speaks Sunday, Oct. 19, 2025 at the 2025 MBA Annual conference in Las Vegas. The Mortgage ...

Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company is split into four primary segments: consumer banking, commercial ...

TransUnion is the latest company to make a move in the credit score war between VantageScore and Fair Isaac Corp.'s FICO score, following partners Experian and Equifax. Transunion will offer ...