Contracts, Invoices & Legal

The Federal Home Loan Bank of Atlanta exceeded its funding commitment by nearly $1 million, while its Dallas counterpart gave out $2 million in 2024. View the full article

Sellers have roughly a month to bring transactions involving properties from the "claims without conveyance of title" and REO programs in line with the changes. View the full article

A bill being introduced by Sen. Catherine Cortez Masto, D-Nev., would compel the Federal Home Loan Bank system to contribute 30%, or a minimum of $200 million, of each bank's net earnings into affordable housing or other community development programs. View the full article

The bank "temporarily" paused home equity line of credit lending in April 2020, over concerns regarding the economic impact of the Covid-19 pandemic. View the full article

The tool's launch comes as various sources report growth in both serious borrower delinquencies and foreclosure activity over the first few months of 2025. View the full article

Recent wildfire updates include the Federal Housing Authority's waiving of quality-control reviews and the upheaval of the state's commercial real estate space. View the full article

Leaders of the government mortgage programs suggest they're back to business as usual following the The President administration's initial disruption. 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 top 50 and the final full list, with further cuts of the data to be published thereafter. View the full article

The Virginia man filed a false tax return in 2021 claiming an $18.3 million refund, working with a co-conspirator to defraud a real estate agent. View the full article

But a senior administration official said the DOJ, not Pulte, is behind the subpoena that relates to Powell's congressional testimony about Fed building renovations. View the full article

The reverse mortgage division reported a loss due to hedging costs but on a net basis the company proved profitable ahead of peak market disruption in April. View the full article

The FHFA director, who's posted numerous updates on social media, has yet to hint at a potential Fannie Mae and Freddie Mac exit from conservatorship. View the full article

Longbridge Financial's Christopher Mayer discusses the mortgage industry's opportunities in today's market and its shortcomings when serving older Americans. View the full article

US homebuilder confidence barely rose this month on a pickup in current sales, though demand expectations stumbled to a more than one-year low and prices of construction materials are climbing on the heels of higher tariffs. View the full article

The $1.15 billion agreement earmarked for general corporate purposes can increase to $2.25 billion pending the lender's acquisition of Mr. Cooper. View the full article

Treasury Secretary Scott Bessent said he expects negotiations with trading partners over tariffs to conclude by the end of the year but acknowledged that talks with China had not yet begun. View the full article

It is quite likely March's drop in the Purchase Application Payment Index will be transitory as mortgage rates have increased since the start of April. View the full article

The company has not traditionally had a large presence in housing finance, but plans for government-related credit modernization have given it a boost. View the full article

Federal Reserve Chair Jerome Powell warned that actions that undermine the apparent stability of the U.S. economy could have lasting effects on its status as a global safe haven. View the full article

The comment period for the Affirmatively Furthering Fair Housing interim final rule has been extended, but consumer advocates are clear in their opposition. View the full article

The homebuilder agreed to acquire Alliant National in a transaction announced last October, with this deal closing after the Cherry Creek mortgage purchase. View the full article

The wholesale lender dubbed the development a "huge win" for itself and the broker community. View the full article

Moody's Corp., a company that grades bonds and analyzes corporations' financial performance, said it expects to earn less this year than it had previously forecast. 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

Senate Banking Committee Chairman Tim Scott said Jonathan McKernan's final confirmation vote to lead the Consumer Financial Protection Bureau is "imminent." View the full article