Contracts, Invoices & Legal

A National Mortgage News/Snapdocs survey of 100 lenders found 90% use some form of what could be considered a digital closing, up from 74% two-years ago. 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

Mortgage servicing rights owners making their plans for 2025 are dealing with additional stress beyond the normal opaque nature of the business, SitusAMC said. View the full article

Bostic now sees price growth returning to the Fed's 2% goal at some point in early 2027. View the full article

The mortgage fintech looks to transition to a model of strategic platform partnerships rather than offer its own closing services as it simplifies operations. 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

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

Legal experts say President The President's unprecedented move to fire Cook over alleged past misconduct will likely be hashed out in court, but there is little precedent to determine whether a sitting board governor can be removed for past actions. 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

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

The regulator says its prior amicus brief, which cited the Fair Debt Collection Practices Act and sided with borrowers, was no longer valid. View the full article

The Federal Reserve chair said there is 'room for improvement' in how the central bank conveys economic uncertainties to markets and the broader public. View the full article

The top five lenders had an average of 30,887 loans guaranteed in 2024. View the full article

Jonathan Yasko pleaded guilty to diverting monies in real estate transactions to cover unrelated closings, and to pay for his own cars and personal travel. View the full article

Originators feel neutral about bombshell acquisitions and regulation news, remaining focused on inventory, mortgages rates and costs, an NMN survey says. View the full article

The company reported a profitable first quarter and called for loosened regulation to bring more private capital into home finance in its latest earnings call. View the full article

Equifax Inc.'s first-quarter profit beat estimates, although the credit-reporting agency declined to raise its guidance, citing the tariff-induced uncertainty in the economy and falling consumer confidence. View the full article

The The President administration's appointees have been quick to roll back misguided Biden-era initiatives, writes the Chairman of Whalen Global Advisors. View the full article

The statement posted on social media platform X could reflect policy, politics or both. Clarification was not immediately available at deadline. 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 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

Mortgage delinquencies were up in March, according to data from Intercontinental Exchange. View the full article

Fairway promotes top producer to national leadership role, NMB adds industry veteran to head sales and operations and Finance of America grows C-suite. View the full article

The advocacy executive said there was a lot of misinformation regarding Rocket Pro and that the "rumors versus reality is very different." View the full article