Contracts, Invoices & Legal

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

Even though Motto Mortgage has 8% fewer open offices than a year ago, executives touted franchise renewals with owners committing to another seven years. 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 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

Plaintiffs raise prior accusations that the lender ignored applicants' debts in collections, and used unreasonable residual income calculations. View the full article

Much of the increase came from the wholesale channel, where margins were thinner, leaving them flat on for the origination unit on a sequential quarter basis. View the full article

Bill Pulte once again claimed he's signed over 50 directives at the housing regulator, although he's only made some of those that affect lenders public. View the full article

The quarterly data showed bank profits were driven by gains at large firms while credit quality remained mixed, with commercial real estate loan stress at relatively high levels. View the full article

The Financial Technology Association will now defend the Consumer Financial Protection Bureau's open banking rule after the The President administration sided with banks that sued the agency. View the full article

Houses in 85% of the nation's metropolitan areas are considered overvalued, with more than half of those by 10% or above, Fitch Ratings found. View the full article

Along with the company's rebranding to Lendware, a new CEO also takes the helm following allegations of financial mismanagement among some former leaders. View the full article

There still is potential for the Supreme Court to review nuances of its landmark Tyler v. Hennepin County decision as other lawsuits raise questions about it. View the full article

The move builds out a fee-based resolution for certain loan flaws piloted in 2024, which was set for a full 2025 rollout prior to changes in federal leadership. View the full article

The former AIME boss and current Rocket Pro leader claims the megalender has threatened to pull the trade group's funding should it pay her a $240,000 bonus. View the full article

April was a mixed bag for title companies, executives said on earnings calls, but some are expecting a stronger market the rest of the year. View the full article

While the nation's largest housing markets in New York and Chicago enjoyed greater annual home price appreciation, home values fell 1.5% in Tampa. View the full article

Numbers jumped after the expiration of a moratorium at the end of 2024, but rates of foreclosure rose across all loan types, the Mortgage Bankers Association said. View the full article

The "Sell America" trade that gripped markets this month has left a potentially lasting dent in investors' willingness to hold the US government's longest-maturity debt, a mainstay of its deficit-financing toolkit. View the full article

The Federal Reserve's preferred inflation reading fell in March, but the positive reading came before new trade policies hit the economy. View the full article

A federal judge has ordered a staff member of the Department of Government Efficiency and the Consumer Financial Protection Bureau's top lawyer to appear at an evidentiary hearing next week. View the full article

A federal appeals court agreed to have the full bench rehear arguments by the Consumer Financial Protection Bureau's union about whether the The President administration planned to gut the agency through mass firings. View the full article

Housing starts increased in April as a pickup in multifamily home construction more than offset a decline in single-family dwellings caused by elevated inventory. View the full article

CSBS hires veteran regulatory expert, Selene welcomes two new executives, Polly grows C-suite, Leaderone finds new president, plus more mortgage moves. View the full article