Contracts, Invoices & Legal

The housing regulator has been mum on details about its reshuffling, but Secretary Scott Turner has emphasized mission-critical functions would persist. View the full article

Noninterest income at the Minneapolis-based company jumped more than 10% while asset quality improved and expenses held steady. View the full article

The newest version of the House housing bill would make a ban on institutional investors owning some homes less harsh than the Senate version by removing a seven year mandate on selling build-to-rent homes. View the full article

More than 4,000 federal workers received notices Friday that their last day will be Dec. 9. View the full article

The industry analyst also described the significant refinance opportunity should rates decline slightly, and the threshold where home prices soften or firm up. View the full article

Following a $60 million credit hit, the Salt Lake City bank said that it hasn't found any other related problem loans. View the full article

The average American must earn almost $117,000 a year in order to afford a median priced property as prices keep rising, a Bankrate analysis found. View the full article

While companies can use a variety of incentive programs and bonuses, businesses with staff longevity frequently rely on a more personal touch. View the full article

An explicit guarantee for Fannie Mae and Freddie Mac could cause the risk weighting of agency MBS to decline, in turn freeing up banks' balance sheets. View the full article

Consumer Financial Protection Bureau employees — most of whom are on administrative leave — were asked in an email to list what they accomplished last week. National Treasury Employees Union Chapter 335 said workers should list all the tasks they were told not to perform. View the full article

The Coalition for Financial Ecosystem Standards, a fintech group co-founded by Sima Gandhi, is publishing guidelines for how banks and others can assess them. View the full article

The number of prospective buyers touring properties in the city last week fell 8.5% from a year earlier, according to data from Bright MLS, a regional multiple listing service. It's the eighth straight weekly decline. View the full article

Banks like Grasshopper are already starting to use AI agents where in the past they would have bought software as a service. View the full article

Financial literacy advocate John Hope Bryant has joined with a Los Angeles-based developer in an effort to raise up to $300 million from banks to preserve and construct low-income housing around the country. View the full article

Rochester, New York, and Harrisburg, Pennsylvania, stood atop Realtor.com's list for the second consecutive year, due to their affordability. View the full article

The states with the highest percentage of non-current mortgage loans had an average year-over-year change of 0.7%, as of March 31. View the full article

West Virginia has the lowest monthly mortgage payment of $1,838. View the full article

Nearly 18 million homeowners in the 100 largest U.S. metros paid HOA or condo fees in 2024, with 2.6 million paying $500 or more monthly, according to a new LendingTree report. View the full article

The top five banks have a combined HELOC volume of more than $90 billion at the end of Q4 2024. View the full article

The top five banks had a combined loan volume of more than $1 trillion held in portfolio at the end of Q4 2024. View the full article

The top five lenders have an average mortgage origination volume of more than $10 billion. View the full article

The top five banks had a combined unpaid principal balance of more than $26 billion at the end of Q4 2024. View the full article