Contracts, Invoices & Legal Latest Topics

Radian names ex-Mr. Cooper president as next CEO

Tue, 26 May 2026 21:05:38 +0000

Current CEO Rick Thornberry is retiring as Radian shifts to a multi-line business, with former Mr. Cooper President Mike Weinbach taking over on Aug. 13.

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Securitization standards evolve for mortgages, home equity

Tue, 26 May 2026 18:52:33 +0000

Certain private-label securities may get a lower risk weighting for bank capital and separately, second liens have new uniform guidelines for TRID.

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Gap between inflation and home-price growth widens in March

Tue, 26 May 2026 18:33:49 +0000

Home prices rose 0.7% annually in March, down from a 0.8% increase in the previous month, according to the S&P Cotality Case-Shiller home price index.

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Treasuries flash bullish signals after oil selloff

Tue, 26 May 2026 14:00:54 +0000

Crude oil futures dropped sharply Sunday, triggering bullish Treasury gaps. The head of correspondent business development at AD Mortgage writes about what it means for yields.

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Home insurance rate hikes may be cooling off

Tue, 26 May 2026 10:00:00 +0000

Insurance claims dropped in 2025, but covered loss amounts didn't follow, largely due to the severity of the Southern California wildfires, Rate reported.

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FHA adds automation for spot approvals on condos

Tue, 26 May 2026 10:00:00 +0000

The streamlining is designed to further expedite a process which allows mortgage companies to get a case number for loans on single units even if the building they're in doesn't have one.

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Why servicing is so important to mortgage originators now

Tue, 26 May 2026 10:00:00 +0000

The latest acquisition activity points to the importance of decisions lenders make regarding their MSRs in 2026 and some considerations unique to each company.

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Why an FHA rule for nonborrowing spouses is making waves now

Tue, 26 May 2026 10:00:00 +0000

Homebuyers applying for Federal Housing Administration loans in community property states are facing hurdles that current market conditions have heightened.

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Will Berkshire stay in bank stocks after Buffett's exit?

Mon, 25 May 2026 20:12:08 +0000

Berkshire Hathaway's banking-related investment strategy is murky, after the arrival of new leadership and the sale of its stakes in Visa and Mastercard.

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Onslow Funding latest RMBS raises $517.7 million

Sat, 23 May 2026 02:20:14 +0000

The deal also includes a 120-day stop advance provision, which prevents it from forwarding any interest and principal on loans that are past 120 days delinquent.

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Rocket lays out its steering defense in RESPA lawsuit

Fri, 22 May 2026 10:00:00 +0000

The lender, in addressing claims first raised by the Consumer Financial Protection Bureau, said its activities are protected by safe harbor provisions.

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NEXA makes 'strategic investment' in Copper Ridge Ventures

Thu, 21 May 2026 21:22:18 +0000

Copper Ridge Ventures has joint venture businesses with mortgage loan officers and real estate professionals using the same broker model as NEXA Lending.

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Rocket confirms VantageScore availability for retail and TPO

Thu, 21 May 2026 21:10:00 +0000

VantageScore 4.0 has been incorporated into the existing processes at Rocket for both the retail and mortgage broker-facing origination businesses.

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Surprise! Contract signings, listings point to best spring in years

Thu, 21 May 2026 18:49:38 +0000

The pace of contract signings surged at its fastest in three years in a break from the more stagnant conditions of past home buying seasons, Realtor.com said.

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Mortgage rates surge to 9-month high amid market turmoil

Thu, 21 May 2026 16:42:35 +0000

With the 10-year Treasury yield at levels not seen in 52 weeks, the 30-year fixed rate mortgage rose 15 basis points over last Thursday, Freddie Mac said.

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Housing starts decline on drop in single-family homes

Thu, 21 May 2026 15:38:14 +0000

Starts of single-family homes declined 9%, the most since August, according to government figures released Thursday.

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AI set to reshape secondary market pricing and trading

Thu, 21 May 2026 14:53:14 +0000

Artificial intelligence's ability to uncover and analyze granular data across large volumes of files may result in AI agents executing trades themselves, mortgage leaders said.

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Basel III relief could turn mortgage bankers into bank owners

Thu, 21 May 2026 10:00:00 +0000

A capital rule overhaul could make bank charters attractive to independent mortgage banks, reshaping who controls home lending in America.

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The non-agency market is bigger than you think

Thu, 21 May 2026 10:00:00 +0000

Lenders at the MBA conference say non-agency is more than just non-QM — and those still treating it as a niche product are falling behind as it becomes a core part of the business.

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Zombie foreclosures rise in most states, report finds

Thu, 21 May 2026 04:01:00 +0000

Zombie properties rose quarter over quarter in 38 states and the District of Columbia, according to Attom's latest Vacant Property and Foreclosure Report.

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House passes their version of housing legislation, 396 to 13

Wed, 20 May 2026 19:25:25 +0000

The House passed housing legislation that includes a slightly pared-down institutional investor housing ban, as well as a raft of community bank measures.

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FHA servicers brace for slow, steady delinquency climb

Wed, 20 May 2026 19:09:26 +0000

Delinquencies among recent FHA originations are showing up alongside a notable volume of subordinate liens carried by the borrowers.

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Fewer sellers cutting prices as spring buyers return

Wed, 20 May 2026 17:14:38 +0000

The share of sellers dropping their asking price fell in April as buyer demand picked up, though Sun Belt markets — especially in Texas — still saw widespread price cuts.

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Redwood Trust adds debt to fund growth in mortgage channels

Wed, 20 May 2026 16:50:17 +0000

The real estate investment trust, while reporting a first quarter net loss, benefitted from growth and stable margins in its three mortgage production units.

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Financial reformer and lawmaker Barney Frank dies at 86

Wed, 20 May 2026 16:41:52 +0000

The co-author of the landmark Dodd-Frank Act and progressive congressional trailblazer Rep. Barney Frank, D-Mass., has died.

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