Contracts, Invoices & Legal

The company maintained its guidance for the year as the bottom line returned to the black in the first quarter, officials reported in an earnings call. View the full article

A $24 billion single-family provision for credit losses linked to economic uncertainty and changes in actual and forecast home prices weighed down results. View the full article

Self-directed IRAs and non-recourse loans open doors to real estate investing without the restrictions of traditional financing. View the full article

The US bond market is starting to get some relief, with long-maturity yields falling on Wednesday after The President indicated a willingness to strike a trade deal with China. View the full article

Refinancings, particularly the cash-out version, helped to drive mortgage product availability and rate lock activity during March, separate reports found. 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

In a recent interview, Bill Pulte claimed he's signed 80 orders for the agency, although only a dozen have been made public via his social media feed. View the full article

Duncan announced the launch of a new company in a social media post in early April after retiring from the government-sponsored enterprise at the end of 2024. View the full article

Versions of the bill were introduced in the House and Senate, raising odds that a national trigger lead ban could be near. View the full article

The top five servicers had a combined unpaid principal balance of more than $23 billion at the end of December 2024. 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

Insurers had already doled out more than $12 billion to pay for wildfire damages as of early March, according to California state officials. View the full article

Over 100,000 loans for first-time home buyers have been pooled and securitized in issuances this year, the guarantor of government-backed loans said. View the full article

Federal Reserve Board member Christopher Waller said he would not be deterred from classifying inflation as "transitory" despite the board's recent experience underestimating inflationary pressures. View the full article

The Federal Housing Administration has accelerated the timeline and will make the wait time for repeat home retention requests longer than originally planned. View the full article

The super-regional bank cited "a material slowdown" in investment banking and trading income as one reason for the lower revenue forecast. Interest rates are also a factor, executives said. View the full article

Nearly a quarter of home sellers in March slashed their listing prices, the highest rate of price cutting since 2018 according to a Zillow report. View the full article

The industry's largest servicer, which agreed at the end of the quarter to be acquired by Rocket, had a $82 million write-down due to shifting interest rates. 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

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

Approximately 9% of current homeowners experience a labor market event that results in a negative credit shock, limiting access to their equity, Point said. View the full article

Citizens Financial Group's promotion of Brendan Coughlin to company president comes at the same time as CFO John Woods prepares to leave for State Street. Both executives have been viewed as potential successors to CEO Bruce Van Saun. View the full article

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 firm's chief financial officer replaces Kenneth DeGiorgio, who recently pleaded not guilty in a Puerto Rico federal court to a misdemeanor assault charge. View the full article