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The Latest: National Mortgage News | Mortgage Industry News & Analysis | National Mortgage News

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'Zombie' loan investors settle NY charges of alleged unlawful collections
Affiliates of the asset manager Shelving Rock paid a fine to settle claims brought by New York state that the companies violated state laws by trying to collect missed payments on old mortgages long after the statute of limitations ended.

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Rate-wait fades, Gen Z veterans are ready to buy now: survey
More than half of potential buyers expect mortgage rates to be higher within the next year, up 12 percentage points from a year ago, an industry survey found.

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First-time buyers represent an untapped renovation-lending pipeline
Economic factors may limit growth in renovation spending, but the need for improvements to existing housing should spur demand, an industry leader says.

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UWM sheds MSRs to ease debt as origination margins slip
The company expects to report net income between $205 million and $220 million, with positive servicing results offset by an originations miss, analysts said.

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Newrez puts a number on their AI cost savings
The lender reported a significant upturn in profits during the third quarter, as rising servicing income offset a pullback in new originations.

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