April 2026

Benchmark Mortgage is suing two of its former top employees for a scheme in which they allegedly shared sensitive companywide financial information with competitors. Processing Content The complaint filed last week in Texas Business Court accuses Marty Preston and Denise Donoghue of violating state law in misappropriating trade secrets. A hearing for a temporary injunction […]

US mortgage rates climbed for a fourth straight week, rising to the highest since August and denting refinancing and home purchase activity.  Processing Content The contract rate on a 30-year mortgage increased 14 basis points to 6.57% in the week ended March 27, according to Mortgage Bankers Association data released Wednesday. In the last four

Senator Elizabeth Warren, a Democrat from Massachusetts, asked the Trump administration for details on its work investigating and regulating collections of “zombie” second mortgages, old loans that homeowners hadn’t heard from lenders about in years before being hit with huge bills. Processing Content In a letter sent Tuesday to acting Consumer Financial Protection Bureau Director