Contracts, Invoices & Legal

The size of typical bulk MSR deals trading has shrunk, according to panelists at the Mortgage Bankers Association's Secondary and Capital Markets Conference. View the full article

The startup, which emerged from Y Combinator in 2023, has deployed its software at a long list of community banks and fintechs, including Grasshopper Bank and First Internet Bank. View the full article

Alanna McCargo said her return comes at a time when there are "significant policy challenges ahead for affordability, community investment and inclusive finance." View the full article

The changing climate is increasing insurance rates for residents and cities and lowering property values in areas that face more frequent and intense disasters. View the full article

The judge sided with Massachusetts officials in a review of their lawsuit against Hometap, who pushed back on descriptions of its products as "illegal" loans. View the full article

Borrowers in the lowest-income areas have seen their 90 or more day delinquency rates soar since 2021, jumping from 0.5% to nearly 3%, the New York Fed said. View the full article

The delay in its shareholder meeting to approve the sale to UWM Holdings put Two Harbors back in play, and an undisclosed buyer has stepped up with a new offer. View the full article

A government-sponsored enterprise executive shared his take on the financial implications of Federal Housing Finance Agency Director Bill Pulte's initiatives. View the full article

FHFA Director Bill Pulte has prioritized targeting fraud, including proposing a tougher Suspended Counterparty Program and debuting a mortgage fraud tip line. View the full article

With the new option, unveiled Monday during OpenAI's annual developers event, a user can look up a three-bedroom home in a specific neighborhood on Zillow, without leaving the ChatGPT app. View the full article

Rocktop Management anticipates rising loan origination volume and increasing borrower distress, driving more servicing sales — key reasons behind its acquisition of Incenter Capital Advisors. View the full article

New research found limitations in current appraisal tools and methods contributing to inconsistencies that may result in incorrect property valuations. View the full article

Rates actually declined or remained flat over a two-year period in 15 states, including Florida, with natural disasters and tariffs affecting 2026's movements. View the full article

PHH Mortgage's new name comes after a recent sale of reverse lending assets and also arrives less than two years after Onity Group itself rebranded. View the full article

Legal and compliance overtook verification issues as the top cause for application defects during the fourth quarter, according to Aces Quality Management. View the full article

A range of investment residential properties, including single-family homes, condominiums and multi-unit properties, will secure the debt. View the full article

Federal Reserve Chair Jerome Powell told reporters Wednesday that he would remain on the Fed board after his term as chair expires next month, resolving the last and most significant open question about his departure and the onset of Kevin Warsh's leadership at the central bank. View the full article

The multi-year, $100 million agreement will allow users to take financial actions without leaving the ChatGPT app. View the full article

Fourth quarter pretax income of $900,000 and net income of $656,000 for the segment compared with year ago losses of $625,000 and $197,000 respectively.

United Wholesale Mortgage originated $32.4 billion, up 17% year-over-year and its best first quarter since 2022, helped by refinance volume of $10.6 billion. View the full article

For five of the six private mortgage insurers, the surge of originations during the fourth quarter led to more new business versus the prior three months. View the full article