FCC says new rules for robocall and text opt-outs will take effect in April 2025

The Federal Communications Commission (FCC) — the regulatory body that oversees communications across a wide variety of media including radio, telephone and the internet — announced that new rules related to the Telephone Consumer Protection Act (TCPA) will go into effect in April 2025.The new guide

Bank of America mortgage origination volume declines 7% in Q3

In the third quarter of 2024, Bank of America (BofA) saw a decline in mortgage production, despite a drop in interest rates that benefited competitors like Wells Fargo, JPMorgan Chase and Citi. BofA announced on Tuesday that it posted $5.3 billion in first-lien mortgage volume from July to September

VA streamline refis ruled the mortgage market in September

Mortgage credit availability decreased in September, according to the latest Mortgage Bankers Association (MBA) analysis of ICE Mortgage Technology data.The MBA’s Mortgage Credit Availability Index (MCAI) fell by 0.5% to a reading of 98.5 in September. The MCAI for conventional loans fell by 1.7%, w