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Author name: Ricky Vasquez

Rocket Mortgage sued over third party web trackers

Cyber security, Law and legal issues, Mortgage technology, Rocket Mortgage /

Rocket Mortgage is being accused of selling mortgage applicants’ sensitive financial data to third parties, via surreptitious trackers on its website.  Processing Content Gary Fedoroff, who applied online for a refinance last November, filed a class action lawsuit in a California federal court last week accusing the megalender of unlawfully disclosing applicants’ information. The complaint […]

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Fed likely to keep rates steady as economy shows mixed signals

Federal Reserve, Interest rates, Monetary policy /

Key Insight: The FOMC is expected to keep short-term interest rates unchanged at its January meeting, reflecting a cautious approach amid mixed economic signals. Expert Quote: “The timing of further rate cuts in 2026 will depend on whether recent progress in lowering inflation continues, as well as the ongoing health of the employment situation amid

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Nominations open for 2026 Top Producers

Mortgage brokers, Originations, Purchase, Refinance, Top Producers /

National Mortgage News is pleased to announce the launch of the 2025 Top Producers Survey. Processing Content IMPORTANT: All entries MUST be completed by the individual loan officer or company representative. Unless noted, a response is required for all questions. Click here to access the online survey. The deadline for all submissions is 6 p.m.

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Why homeowners insurance rates could stabilize in 2026

Homeowners insurance, Housing markets /

While cases exist for homeowners insurance premiums to stabilize or even decline in 2026, in 36 states and the District of Columbia they rose over a two-year period, an Insurance.com report said. Processing Content Ironically, one of the 12 states they were lower (three reported no change between 2023 and 2025) was Florida. But the

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BOK counting on mortgage finance for a boost in 2026

Earnings, Economy, Warehouse lenders /

Key insight: BOK’s new mortgage-finance unit is gaining traction, and its portfolio could reach $1 billion in commitments by year-end. Expert quote: “I think the setup for 2026 is probably as good as I can remember, both from a company-performance perspective and from an economic-backdrop perspective.” — BOK Financial President and CEO Stacy Kymes  Supporting

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Home prices flatten as regional splits deepen

Home Prices, Housing markets, Originations /

U.S. home prices are settling into a new divide, with much of the country seeing growth stall in November while a handful of regions continue to push higher, deepening a split that is reshaping the national housing picture. Processing Content Numbers showed “persistent softness,” according to the S&P Cotality Case-Shiller national home price index, with

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Lyons McCloskey sale keeps compliance muscle intact

Career moves, Servicing /

Lyons McCloskey, a mortgage auditing and consulting firm that helped shape FHA servicing policy and guided servicers through distressed loans during the Great Financial Crisis, has a new owner. Processing Content Chief Operating Officer Lisa Drew, has announced her acquisition of the firm, with founding partner Bob Lyons remaining as a senior advisor to provide

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ACES Quality Management acquires BaseCap Analytics

ACES Quality Management, Basecap, HWmember, Mergers and Acquisitions, Mortgage, quality control, Technology /

ACES Quality Management, a provider of enterprise quality management and control software for the financial services industry, announced on Tuesday its acquisition of data quality platform BaseCap Analytics. The acquisition, which involves integrating the BaseCap platform, allows ACES to expand its platform to include enterprise-wide data quality automation, advanced data validation and more intelligent quality

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