Contracts, Invoices & Legal

A retail channel veteran, Promisco has spoken frequently about the potential of AI to bring efficiency and lower costs in the loan origination process. View the full article

The $13 billion auction was awarded at 4.846%, about a basis point lower than its yield in trading just before 1 p.m. View the full article

The wholesale giant, fully entangled in the legal fight over a six-figure bonus, emphasized it's only the title sponsor of the broker trade group. View the full article

Markets brushed off mixed, stale data as tariff news sparked a brief rally, but open Treasury gaps kept bond signals cautious, according to the CEO of IF Securities. View the full article

Reducing agency loan pricing adjustments and credit reports may help, a trio of industry groups wrote in a letter to the National Economic Council's director. View the full article

The Federal Deposit Insurance Corp. Thursday finalized a framework for banks to appeal supervisory determinations, replacing the agency's existing appeal committee with an independent three-member panel, one member of which must have industry experience. View the full article

Mortgage borrowers filed a third amended class action complaint against the bank over modification issues from 2010 to 2015. View the full article

Tri-merge mandates prop up a credit bureau/FICO oligopoly, raising mortgage costs with little benefit despite risk concerns, the chairman of Whalen Global Advisors argues. View the full article

Pfotenhauer held many positions in the mortgage and title industries in his long career, including being the chair of Merscorp, MORPAC and MISMO. View the full article

After the announcement last fall, Embrace added local staff and increased marketing nad outreach in New Jersey to assist potential Oceanfirst borrowers. View the full article

The contract rate on a 30-year mortgage rose 8 basis points to 6.24% in the week ended Jan. 23, according to Mortgage Bankers Association data released Wednesday. View the full article

Treasury yields are stuck, but gold and the dollar are flashing unusual signals that could push rates after the FOMC, according to the CEO of IF Securities. View the full article

Founding partner Bob Lyons will help ensure continuity. Frank Pallotta and Kathleen Koprowski will lead an advisory board for the auditing and consulting firm. View the full article

While FHFA reported a year-over-year increase in national home values in November, the Case-Shiller HPI saw flat annual growth as well as monthly decreases. View the full article

The Tulsa, Oklahoma-based bank expects the pace of loan growth to quicken this year, driven in part by its nine-month-old warehouse lending business. View the full article

Rates actually declined or remained flat over a two-year period in 15 states, including Florida, with natural disasters and tariffs affecting 2026's movements. View the full article

A California consumer who applied for a refinance in November says he was unaware his data, including financial details, was shared with advertisers. View the full article

Submit your production volume from last year to be considered among the top in your field. The deadline for submissions is Feb. 27, and the clock is already running. View the full article

As the Federal Open Market Committee announces its near-term interest rate plans Wednesday, market watchers expect the central bank to hold interest rates steady as policymakers seek greater clarity on the health of the economy. View the full article

Supply chain attacks have doubled since 2021, with professional services firms increasingly acting as "stepping stones" to access bank data. View the full article

The pending agreement would resolve claims over a 2021 hack which affected 5.8 million customers of Lakeview, Community, and Pingora Loan Servicing. View the full article

A Massachusetts borrower sued the servicer last year after she was surprised with a $200,000 mortgage bill, after 16 years of not receiving statements. View the full article

Respondents to an exclusive NMN survey lay odds on lower rates boosting housing despite stagflation and recession risks. Here's how the Fed's view compares. View the full article