Residential MBS transactions will likely experience a spike in delinquencies, but performance will return to pre-storm levels within a year, according to Moody’s.

A Black borrower alleged that Rocket Mortgage canceled her refinance application after she repeatedly requested that her home appraisal be revised because it was discriminatory.

Mortgage-related complaints submitted to the CFPB were up 2.7% from the second quarter, driven by servicing issues.

The mortgage servicer funded over 25,000 new mortgage orignations in the quarter.

Mortgage applications decreased compared to a month earlier; home prices saw a steady increase for the third month in a row; many mortgage lenders are for simplifying closing cost descriptions; median annual downpayment amount decreases in the third quarter.

Consumer complaints submitted to the CFPB related to mortgages slightly increased in the third quarter of 2024, with servicing issues in the forefront.

CFPB Director Rohit Chopra said he isn’t too worried about how recent Supreme Court decisions would impact the bureau.

More fair lending enforcement actions and investigations could come up over the next few months ahead of potential changes in the political landscape, according to Richard Horn, co-partner at the law firm of Garris Horn.

The new dataset will help both regulators and mortgage companies, according to MISMO.

Ejudicate has been permanently banned by the bureau for holding arbitration proceedings for a company it received a kickback from.