United Wholesale Mortgage’s 2021 move to bar its broker partners from also sending loans to Rocket Mortgage drove an average price decrease of 5 basis points per loan at companies not targeted by the policy, according to a new academic paper.

Zillow alleged a group boycott by MRED and Compass, while defendants argued Zillow’s harm is self-inflicted and nonmonopolistic.

Stockton Mortgage has appointed Christy Soukhamneut as chief strategy and innovation officer to lead operational transformation.

The OCC, FDIC and NCUA reminded lenders to manage credit risk for borrowers without work authorization under existing rules.

Cornerstone Capital Bank adds Daryl Wizelman and the Wizelman Team, expanding retail mortgage operations and leadership depth.

Ground leases are emerging as gap capital for 4% LIHTC projects, with Safehold using 99-year terms and fixed 2% annual increases.