Bob Broeksmit, president and CEO of the Mortgage Bankers Association, said the Consumer Data Industry Association's recent arguments in support of the tri-merge credit report requirements ignore that CDIA members have a massive financial stake in preserving the status quo.
A recent survey of lenders by The Mortgage Collaborative found that lenders are making technology enhancements a strategic investment priority in 2026.
The AARP Foundation filed a class action lawsuit against Celink, Finance of America Reverse and Carrington Mortgage Services claiming that they unlawfully charged home equity conversion mortgage borrowers prohibited fees.
House Republicans blamed regulations and immigration, while Democrats believe President Trump’s effort to ban institutional investors from buying single-family homes didn’t go far enough.