American homebuyers are about to see their borrowing costs rise as credit scoring company FICO hikes the fees it charges to pull credit scores and reports for home loan applications. Mortgage lenders are reporting price increases of up to 50% for 2026 for credit score pulls, the fourth consecutive year of price jumps for the…
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. – loanDepot has filed a lawsuit against West Capital Lending over trade secrets and contracts, as reported by National Mortgage Professional. loanDepot is alleging that West Capital orchestrated a large-scale employee raid and data…
If you’ve ever applied for a mortgage, you may have been bombarded by calls, texts and emails from competing lenders and brokers after applying. At best, these messages are a nuisance; at worst, they’re nearly enough reason to change your phone number entirely. However, National Association of Realtors® (NAR)-supported legislation will put an end to…