NFM Lending is facing a growing series of federal lawsuits following allegations that the mortgage lender was targeted in a ransomware incident that may have exposed sensitive borrower information. At least five lawsuits were filed against NFM Lending LLC in the U.S....
UWM Holdings Corporation has set the terms for a rights offering of 200 million Class A shares, moving forward with a plan designed to raise at least $400 million as the parent of United Wholesale Mortgage continues a broader balance-sheet overhaul announced last...
Fannie Mae has filed a $6.2 million foreclosure lawsuit against a Chicago multifamily portfolio as a widening series of foreclosure cases puts additional scrutiny on properties tied to the Bialostozky family and federally backed apartment debt. The new Cook County...
The Mortgage Bankers Association has lowered its outlook for U.S. mortgage originations in both 2026 and 2027 as elevated mortgage rates continue to weigh on housing demand and refinancing activity. MBA’s September Mortgage Finance Forecast calls for...
Zillow is asking a federal judge to permanently dismiss renewed claims that its agent programs improperly steered homebuyers toward Zillow Home Loans in violation of the Real Estate Settlement Procedures Act. The company filed a 33-page motion Sept. 21 in the U.S....
Optimal Blue Buys Usherpa, Bringing Borrower Outreach Into Mortgage Pricing…
