Contracts, Invoices & Legal

The 250 top mortgage originators in 2025 brought in high volumes despite less than ideal conditions. Check back in the following days for the final full list, with further cuts of the data to be published thereafter. View the full article

The trend is not the norm but there are growing opportunities to buy for less in some areas many people gravitate to, real-estate brokerage Redfin found. View the full article

Sen. Dick Durbin, the Senate's No. 2 Democrat, announced he will not seek reelection in 2026, concluding more than four decades in Congress. The Illinois lawmaker leaves behind a notable imprint on U.S. financial policy, particularly regarding swipe fees. View the full article

The average 30-year fixed-rate mortgage fell to its lowest point so far in 2025, driving refinance activity 83% higher than the same time a year ago. View the full article

The legislative proposal highlights tensions around broader utilization of partial claim-style mortgage options and the VA's particular difficulty funding one. View the full article

The personal consumption expenditures index showed headline inflation flat at 2.5%, but the details of the report explain the Federal Reserve's reluctance to adjust interest rates. View the full article

Wholesale firm Ardri's acquisition of The Lending Shop comes after the company installed a mortgage industry veteran as its new president earlier this year. View the full article

A former COO at Marlin Mortgage claims the servicer transferred an MSR portfolio to a new subservicer not to benefit the investor, but for the gain of the company's CEO. View the full article

While ending mandated consumer rights, lenders can still ask for a reconsideration of value on FHA loans; plus, fair lending laws still apply in these cases. View the full article

A recent American Bankers Association survey showed improvement since 2022, but overall scores are still lower than in 2020 and gaps widened between providers. View the full article

The Department of Government Ethics on Saturday released financial disclosures for former Federal Reserve Gov. Adriana Kugler, showing she had executed several individual stock trades in 2024, including during Fed blackout periods, an apparent violation of Fed ethics rules. The Federal Reserve Inspector General has launched an investigation. View the full article

The subsidiary of Amerant Bank trimmed 58 of its mortgage-related employees, leaving just 20 workers to focus exclusively on Florida-based customers. View the full article

Two industry organizations are giving Congress and FHFA reasons to make Fannie Mae and Freddie Mac's pricing more advantageous rather than less attractive. View the full article

Federal Reserve Gov. Adriana Kugler said tighter monetary policy has proved to be less impactful on nonbank lenders during the post-pandemic era. 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

Kind Lending has big plans to grow its retail channel and is signaling this by putting industry veteran Tammy Richards in charge of the operations. View the full article

The Buffalo, New York bank's loans edged higher in the first quarter while deposits fell 1.7% from a year ago. The bank also lowered its full-year outlook for loans and deposits. View the full article

The director, confirmed less than a month ago, has issued 12 orders via the social media platform that reverse Biden-era initiatives. View the full article

If mortgage rates drop into the low 6% range, there will be a retention opportunity on 5.4 million loans that have interest rates starting at 6.5%. View the full article

Former Capital One Multifamily executive Grace Huebscher departed recently and the Federal Housing Finance Agency appointed a replacement amid broader reform. View the full article

Figure Technologies is adding a Bitcoin option to its home equity line of credit, while Milo has done $65 million of crypto mortgages since 2021. View the full article

Learn how bridge loans and hard money loans work, their pros and cons, and discover which option suits your needs. View the full article

Government-backed lending drove an increase in purchase mortgages for a second straight week, even as interest rates failed to drive refinance activity. View the full article

Price growth continued to trend toward the Federal Reserve's 2% target, but not enough to spur action from the central bank. View the full article

The mortgage lender claims its Georgetown, Texas operations, where Thrive Mortgage was previously headquartered, has been "gutted." View the full article