Contracts, Invoices & Legal

Company team members, including those in affiliated business arrangements, will be eligible; real estate and joint venture agent partners will not be. View the full article

Lending for new single-family homes jumped 11% from a year ago and 26% from February, the Mortgage Bankers Association said. View the full article

Financial institutions that are members could gain access to expedited funding through a Fed partnership and advances secured by a broader range of collateral. View the full article

Adjustable rate mortgages accounted for 12% of total home loan volume in March, reaching its highest share of the market since October 2022. View the full article

Being a diversified global bank, Goldman Sachs was "broadly seen favorably as a relatively safe haven type of credit," said Tony Trzcinka, an investment grade portfolio manager at Impax Asset Management. View the full article

Sheer luck kept all but one hurricane from U.S. shores in 2025; one landfall in 2026 could devastate servicers. View the full article

The Consumer Financial Protection Bureau, which has dismissed scores of enforcement attorneys early in President Donald The President's second term, is staffing up its litigation arm in anticipation of defending its rules in court. View the full article

The integration allows servicers on ICE's MSP platform to deploy Kastle's AI agents without building custom infrastructure, Kastle said. View the full article

In an update to its seller and servicer guide, Fannie Mae laid out details on responsibilities for vendor oversight and the need for transparent AI policy. View the full article

Remodeling sentiment dipped slightly in Q1 but stayed well above the neutral mark, as the lock-in effect of elevated mortgage rates kept homeowners investing in their current homes. View the full article

The president of an affiliate mortgage securitization guarantor is taking on the responsibilities associated with the Federal Housing Administration role. View the full article

Contract closings decreased 3.6% to an annualized 3.98 million, according to National Association of Realtors data out Monday. View the full article

Newly minted doctors want to buy homes but because of student debt and job history, likely can't even meet the wider jumbo underwriting criteria without help. View the full article

Bills in Congress, capital rules, GSE reform and credit modernization hold a mix of benefits and risks for Independent Community Banker of America members, Senior Vice President Ron Haynie says. View the full article

Former Federal Reserve Vice Chair for Supervision Randal Quarles, who served during President The President's first term, said members of the Fed board should be removable by the president, but that the decentralized structure of the Fed will ensure that monetary policy decisions remain sound. View the full article

The setback pared a weekly gain for US government bonds sparked by an April 8 ceasefire agreement, which caused oil prices to tumble from near multiyear highs. View the full article

The industry reported $275 million in losses from internet crimes last year, a 59% annual increase as losses nationwide surpassed $20 billion. View the full article

The California-based lender announced Wednesday the addition of One Goal Mortgage, a branch serving the Omaha, Nebraska, metro area and Southwest Iowa. View the full article

Fintech Candid says its AI-powered newsletter platform can scrape social media and public data to help loan officers send hyper-personalized outreach at scale. View the full article

Jay Plum, head of consumer lending at Fifth Third Bank, says artificial intelligence is fundamentally shifting relationships between banks and their third-party software vendors, allowing banks to do things on their own that they would previously rely on vendors to do for them, like identify risky loans and prepare for exams. View the full article

Conforming loan limits are determined using a home price index. A congressman is proposing a switch to an income-based metric, creating more jumbo mortgages. View the full article

The effective tax rate, measuring taxes relative to home prices, also increased to its highest mark in five years, according to Attom's analysis. View the full article

A new Basel III proposal offers mixed results for warehouse lending, with some risk-weight relief for banks but tougher terms that could crimp credit availability for nonbank mortgage lenders. View the full article

Roughly a third of homeowners with a mortgage rate less than 6% would not give up their rate for any reason, according to a survey of 1,000 mortgage holders. View the full article

An appellate court reversed part of an $8.5 million award for attorneys who secured a $38.5 settlement against the lender in 2023 in a False Claims Act case. View the full article